#BinanceTournament Here are some recent news stories about Bitcoin:
Update on Bitcoin Mining Difficulty:
In the newest update, bitcoin mining difficulty decreased by 5% to 79.5T possibly offering a bit of respite after hash rates recently reaching all-time highs pushing difficulty toward 90 terahashes.
Peter Schiff's Future Prediction:
Gold enthusiast Peter Schiff anticipates a big sell-off in Bitcoin once the digital asset falls below $38,000. As Bitcoin falls below key support at $54,000, Schiff is cautious about his forecasted situation.
Volatility of Prices:
At the beginning of the year, bitcoin had strong start and even went as high as $73,803.25 in mid-March following ETFs’ launch in US However it has since experienced challenges and fallen by 8 percent recently.