Investors are closely observing the next resistance of 10 500 above which bitcoin can set a new bull trend. Bitcoin jumped 5 to move above 10 000 levels for the first time since june 3. At around 17 00 utc on tuesday the network.
Wolfie zhao bitcoin mining difficulty makes biggest jump in 29 months bitcoin has just posted its biggest mining difficulty increase in nearly 2 5 years. After months of moving sideways bitcoin s price has suddenly shot upwards bringing hope to crypto investors that the bull market is back in season. Volumes have dipped since may on spot exchanges like coinbase after a month of excitement due to bitcoin s halving.
The jump past 9 400 wednesday came during a time of lower spot trading activity. For early access before our regular noon eastern time releases. With the price of btc taking a breather following tuesday s jump coindesk s markets daily is back with another bitcoin news roundup.
The current sentiment is affected by a new opinion from the office of the comptroller of currency that. Bitcoin got out of the 9 200 range and climbed upward to 9 664 it s highest for july 2020.
