Largest difficulty drop since July 2021 — 5 things to know in Bitcoin this week By Cointelegraph


Largest difficulty drop since July 2021 — 5 things to know in Bitcoin this week

(BTC) is off to a better start than most this week as bulls avoid serious losses into the weekly close.

Still heavily tied to declining stock markets, the largest cryptocurrency is nonetheless defending $30,000 on May 23 and eyeing the top of its post-Terra (LUNA) trading range.

Bitcoin miner outlow volume 7-day moving average chart. Source: Glassnode/ Twitter (NYSE:)
Bitcoin total transfer volume 7-day moving average chart. Source: Glassnode
Crypto Fear & Greed Index vs. chart (screenshot). Source: LookIntoBitcoin