The year 2022 began with (BTCThe price of ) fell by 40% over its record high (ATH), $69,044.77 in Nov 10, 2021.

This price volatility hasn’t affected the network’s ability to increase miners’ difficulty to obtain Bitcoin. As competition among miners continues to grow, Bitcoin’s difficulty reached a new ATH for the second time in two months. Also, the hash rate is now A steady rise of 45% was observed in 6 months after last July’s lows.