Bitcoin mining difficulty gains all set to reach an 8-month high despite BTC suffering losses.
After yet another Friday spent in shedding losses, the crypto market is moving sideways during the weekend. However, the total market cap remains below the $1 trillion mark. Bitcoin (BTC) fell to an intra-day low of $19,766 on Saturday owing to the fears surrounding a sell-off by the now-defunct Mt. Gox users.
At the time of writing, Bitcoin was trading at $20,034, down by 0.76% while Ethereum (ETH) was trading at $1,490, at a 0.65% dip since yesterday. Most of the top cryptos remained in the red, except Cardano (ADA), Polygon (MATIC), Polkadot (DOT), and Tron (TRX) which showed slight to moderate relief since yesterday.