The difficulty of mining Bitcoin $BTC has increased to 102 terahashes, indicating a more secure network and growing competition among miners. On November 18, there was a noticeable spike when miners transferred bitcoins worth 181 million dollars to exchanges. Although such movements often signal market peaks, this activity aligns with operational growth rather than overvaluation.
The market capitalization of cryptocurrency-related stocks has surpassed Bitcoin, increasing by 47% compared to the previous month. Companies like MicroStrategy and Coinbase have significantly benefited from the Bitcoin rally, demonstrating broader bullish market sentiment.
