Bitcoin (BTC) is currently facing drawdowns in multiple metrics, with on-chain data showing a significant crash in its mining difficulty. Per an insight from CryptoQuant analyst J.A Maartunn, the Bitcoin mining difficulty is down 11.16% following the latest network adjustment.
Bitcoin’s hash value faces reset
Specifically, the analyst said this Bitcoin mining difficulty drawdown is the largest negative adjustment since July 2021. For reference, this was when the China mining ban was implemented, preceding a major market crash.
Notably, this mining reset also marked the 10th biggest downward difficulty adjustment in Bitcoin’s history. This is described as a major reset in hash power dynamics.
By implication, this reset means it is now easier to mine one Bitcoin block. However, this comes with a major security challenge, as it also implies the network is less secure.
This Bitcoin hashrate adjustment is one of the metrics around Bitcoin that validates the emergence of a bear market
As of writing time, the price of the coin is down by 46% from its all-time high (ATH) of $126,198.07. But it has rallied by 1.45% in the past 24 hours to $68,334.21.
Bullish reset incoming?
Over the past decade, a massive crash in some of the most visible BTC metrics has always been accompanied by a gradual but confirmed rebound
With indicators like the Fear & Greed Index also dropping to levels not seen since the FTX crash, the market is probably at its worst point in history.
Judging by its previous price, the price of Bitcoin may start its recovery from this point, backed by the oversold Relative Strength Index (RSI). One crucial catalyst under watch is the growing BTC accumulation from Strategy and other top treasury companies.
While critics like Peter Schiff see BTC price falling to $10,000, proponents like Samson Mow still maintain a million-dollar target.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
STRC Trading Volume Tops $1.1 Billion as Strategy Expands Bitcoin Treasury Play
Strategy Inc.’s perpetual preferred stock STRC just posted its busiest day yet, and the real headline is not the ticker tape theater but the simple fact that the company’s bitcoin buying machine found another way to run hotter.
Key Takeaways:
Strategy’s STRC hit $1.1B on April 13, 2026, setting a
Coinpedia56m ago
Bitcoin Drops Below $73,000 as Long-Term Holders Take Profits and ETF Inflows Slow
Bitcoin fell below $73,000, its lowest in over three weeks, as long-term holders booked profits and spot ETF demand weakened. This triggered significant liquidations in derivatives, causing a 4% drop in total crypto market capitalization.
GateNews1h ago
Bitdeer releases March operating report: BTC production up 480% year over year
Bitdeer Technologies Group (NASDAQ: BTDR) released its 2026 March unaudited production and operations update via Globe Newswire on April 15. The data show that it mined 661 bitcoins in March, up about 480% year-over-year versus the same period in 2025. Its self-mining computing power increased year over year by about 504% to approximately 70 EH/s.
MarketWhisper1h ago
ETH/BTC ratio rebounds—are institutional funds rotating? A deep dive into structural signals in the crypto market
BTC breaks through $75,000; the Iran–Israel ceasefire and fresh highs in U.S. stocks lift risk assets, but the options market remains somewhat cautious. The ETH/BTC ratio rebounds, signaling capital rotation.
GateInstantTrends1h ago
Tether Acquires 951.35 BTC Worth $70.47M from Centralized Exchange
Gate News message, Tether purchased 951.35 BTC valued at $70.47 million from a centralized exchange. Following this transaction, Tether's total Bitcoin holdings have reached 97,204 BTC, valued at approximately $7.28 billion.
GateNews1h ago
Crypto Market Rebounds 1.5% to $2.54T as Bitcoin Leads Rally Amid Tech Surge and Policy Progress
The crypto market rebounded 1.5% to $2.54 trillion, led by Bitcoin's 7% gain amid easing geopolitical tensions and strong ETF inflows. Analysts predict further gains if Bitcoin surpasses $76K resistance.
GateNews2h ago
