Sep 14, 2021 16:12 UTC
Sep 14, 2021 at 16:12 UTC
Today Bitcoin saw a sudden increase in price point between 1757 hours IST and 1933 hours IST as this time difference was taken by one block to mine on chain. 80 minutes to mine a block subsequently resulted in an abrupt price fluctuation. Bitcoin has seen similar instances in the past. Therefore, we can expect such volatility in future as well, It is important to consider this as the average time to mine a block on Bitcoin is 10 minutes.