JPMorgan says Bitcoin could gain more support relative to gold if investors unwind elevated hedges around crypto ETFs, with positioning in BlackRock’s IBIT still far more defensive than in major gold funds.
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Bitcoin Difficulty Set to Rise 3.82% to All-Time High of 39...
The Bitcoin network is set to record another meaningful difficulty increase on Sunday, Jan. 29, 2023, as current estimates expect it to rise 3.82% higher. The change follows the last difficulty retarget, which advanced by 10.26% to the current all-time high of 37.59 trillion.
