Bitcoin price staged a strong comeback in the past few days and is now hovering near its highest level this year. This rally happened as investors shifted to a risk-on sentiment as evidenced by the fear and greed index and the performance of US equities. Traders are also buying Bitcoin ahead of the upcoming halving event, which is set to happen in April. Bitcoin mining difficulty rising On-chain data shows that Bitcoin’s mining difficulty has jumped sharply in the past few years and is now sitting at its highest level on record. Data compiled by YCharts shows that the difficulty rose to a record high of 75.50 up from ... (full story)