Bitcoin's mining difficulty hit a record of 83.99 trillion hashes, a 5.79% increase, with a peak hashrate of 616.74 EH/s indicating more miners.

Bitcoin's price soared to an all-time high of $73,737 on March 14, a 46% monthly increase, but recently dipped to $71,885.

The market cap of Bitcoin exceeds $1.4 trillion, with futures open interest also at an all-time high of $33.9 billion.

A release of higher-than-expected producer price index data raised concerns over Federal Reserve's interest rate policies, impacting Bitcoin's value.

Grayscale's activities, including shifting $400 million in Bitcoin to Coinbase and potential ETF conversion, have influenced market dynamics.

Despite some price volatility, Bitcoin ETFs continue to attract record inflows, with the market anticipating the 2024 Bitcoin halving event.

Analysts predict significant growth in the crypto market, with a potential surge to $7.5 trillion by 2025, and Bitcoin possibly reaching $150,000 next year.