BlockBeats News, June 14th, according to Galaxy Research monitoring data, the Bitcoin network today completed the latest round of difficulty adjustment at block height 953,568. The difficulty dropped from 138.96T to 124.93T, a decrease of 10.09%, marking the 11th largest single downward adjustment in history and the second largest drop since 2026.

The data shows that this adjustment period was 15.6 days, significantly longer than the protocol's target period of about 14 days. Research indicates that the Bitcoin price has fallen by approximately 15% in June, squeezing miners' profit margins. This has led to some mining power going offline, causing a decline in the overall network hash rate and triggering a difficulty readjustment.

Galaxy Research believes that this adjustment reflects the typical pressure transmission mechanism of miners during a price decline cycle, where the process involves price drop → mining power exit → difficulty adjustment in a dynamic equilibrium.