Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.

Today in crypto, Bitcoin difficulty climbs to new all-time high, a crypto developer says Trump-linked crypto project WLFI froze his tokens and refused to unlock them. Meanwhile, a Bitcoin analyst is not convinced that Bitcoin will peak at the end of this year.

The Bitcoin (BTC) mining difficulty climbed to a new all-time high of 134.7 trillion on Friday, up from the 129.6 trillion difficulty level during the previous adjustment period.

Despite the new all-time high difficulty, Bitcoin’s hashrate, the total amount of computing power securing the network, has fallen to 967 billion hashes per second, down from the August 4 all-time high of over 1 trillion hashes per second, according to CryptoQuant.

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