Bitcoin Bull Rally Fades, Mining Difficulty Surge By 0.63%

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As the bear hug gets tighter, the price of Bitcoin may drop below $21,000. Recent price movements saw a high of $25,135 and a low of $23,243. The short-term aim for the declining price trend is a drop to $21,000–$20,000. Bitcoin Bulls Loses Steam On August 18, Bitcoin, the leading digital asset, is battling to hold over $23,500 as it tries to maintain an upward trend that has been growing for the past two months. The bulls’ dominance is clearly dwindling on the daily bar chart, and they ...

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