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September 20, 2020
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Bitcoin

Breaking Bitcoin rapid growth, surpassing $10,000


Bitcoin topped $10,000 Bitcoin reached $10,000 in the virtual currency market on the 2nd. (US Coinbase) Bitcoin has traded in the $10,000 range for the first time in about a month since May 8 when expectations were raised before the half-life was observed. It has been the first time in approximately three and a half months since February 24, 2020, that it has been trading above $10,000. The drop in mining hash rate was a concern for the market after the half-life period, but as of yesterday, the hash rate was also rapidly recovering. We are refraining from adjusting the difficulty level of the simplification forecast three days later, and the market may have liked the recession of the miners’ selling pressure concerns. Bit…

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