Bitcoin fundamentals diverge from BTC price dip as difficulty hits new all-time high By Cointelegraph

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© Reuters.

(BTC) may have tanked to six-month lows this week, but under the hood, the network is now verifiably stronger than ever.

Data from on-chain monitoring resources including Glassnode and BTC.com confirms that as of Friday, the Bitcoin network difficulty is at a new all-time high.

Bitcoin hash rate for week beginning Jan. 17 (screenshot). Source: MiningPoolStats