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Bitcoin Hovers Below $11,500 as Hash Rate and Mining Difficulty Hit New All-Time-Highs

Bitcoin (BTC) is changing hands at around $11,450 on Monday, mostly unchanged since the beginning of the Asian session, and could be preparing for the next major move either above $11,500 or towards $10,800.

Mining Difficulty Records Second-Largest Drop in History as Bitcoin Price Hovers Below $4,000

The price of Bitcoin dropped below the $3,800 level on several exchanges on Monday, December 3, while the general pessimistic sentiment on the market reflected in declining Bitcoin’s network difficulty, which earlier today fell by more than 15 percent following the regular adjustment.

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