Quick Take
Bitcoin’s underpinning infrastructure is demonstrating remarkable resilience as it approaches the next halving event, projected for April 21, 2024, with under 28,000 blocks to go at the prevailing run rate.
The recent completion of another difficulty epoch in an expedited 9:22 minutes has triggered a difficulty adjustment exceeding 6.5%. Notably, this indicates the fourth largest positive adjustment of 2023, a year that has seen only six negative adjustments.
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