Bitcoin Mining Difficulty Don Reach Peak, ETF AUM Pass $500B

Bitcoin mining difficulty reach one record 127.6 trillion dis week as more miners join the network. Even though Bitcoin mining difficulty dey rise, miner dem earnings still dey high after halving, dem dey get $52.63 million per exahash per day. One planned 3% difficulty adjustment for August 9 go reduce the metric to about 123.7 trillion, make block times still steady. Miner outflows don drop 49% to average only 0.61 BTC per day, showing say miners dey hold strong as dem dey make good profit. For the same time, combined assets under management (AUM) of gold and Bitcoin ETFs cross $500 billion for the first time. Gold ETFs hold about $325 billion, while Bitcoin ETFs get $162 billion now, up from $20 billion before spot ETFs launch. Since US spot Bitcoin ETFs start, Bitcoin price don rise 175%, as gold only gain 66%. The increase in Bitcoin ETF AUM shows say institutional demand strong and firm Bitcoin role as top digital asset beside gold.
Bullish
Record-high Bitcoin mining difficulty dey show say more miners dey join, e dey strengthen network security and decentralization. Together with 49% drop for miner outflows, e mean say plenty holders dey. The milestone wey ETF AUM don pass $500B – with $162B in Bitcoin ETFs – na proof say institutional demand strong. Historically, similar ETF launches don cause big price rally, e fit mean short-term bullish momentum dey. For long term, steady institutional investment plus stronger network go support better market outlook.