I just noticed an interesting point — the difficulty of mining Bitcoin has jumped by 15%. This is the most significant spike since 2021, even though the BTC price has been pushing downward recently. It creates a strange situation: miners are adding more power, but the price isn't increasing.

This means that the network's hash rate continues to grow despite volatility. Mining difficulty is increasing because more equipment is entering the network, even if fiat rewards are falling. Either old miners are not turning off their equipment, or new players are entering, believing in the long-term potential.

Interestingly, such a difficulty increase usually occurs during periods of optimism, but here we see it amid downward pressure on the price. Maybe this is a sign that the fundamental belief in the network remains strong, even if the short-term price dynamics are unimpressive. It’s worth watching how this develops further.