Bitcoin (BTC) has been consistently hitting new all-time highs (ATH) recently. Coinciding with this surge, Bitcoin mining difficulty has also reached a record high, reflecting the network’s development. 

Overall, the combination of BTC’s ATH, elevated mining difficulty, and Long-Term Holders (LTH) behavior paints an optimistic picture, though risks remain.

ATH Price, ATH Mining Difficulty

According to data from Blockchain.com, Bitcoin mining difficulty has increased by 7.96%, reaching 126.27 T, with a seven-day average network hashrate of 908.82 EH/s. This figure shows the growing computational power of miners, especially as Bitcoin‘s price recently touched $122,000.

If this trend persists, it could reduce miners’ efficiency, particularly given the lackluster mining results in June. 

However, a notable upcoming adjustment is the next Bitcoin mining difficulty change, projected to decrease by 6.69% on July 27, 2025. This could be a positive signal for miners, optimizing their operational efficiency.

Furthermore, the Glassnode chart, shared by NekoZ on X, offers deep insights into Long-Term Holders (LTH) behavior. Their realized profit has surged to $108,400, with a profit ratio of 357% in July 2025. Their average