Bitcoin (BTC) Becomes Even More Secure Just Days Ahead of 2024 Halving

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Bitcoin is all set to undergo halving later this month. With less than 10 days away, the network has reached yet another crucial milestone.

Bitcoin network hash rate, on the other hand, was found to be 626.56 EH/s, hovering relatively close to its all-time high of 762 EH/s.that the next Bitcoin difficulty adjustment is estimated to take place on April 24th, during which the Bitcoin mining difficulty is expected to surge from 86.39 trillion to 89.21 trillion at 1,919 blocks.

A similar pattern was observed right after the 2016 halving, as its price surged from $650 in July 2016 to around $2,500 in July 2017, ultimately reaching a record high of $19,700 in December 2017.

Source: Digital Coin News (digitalcoinnews.net)

 

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