Odaily News Bitcoin mining difficulty has surged 378% over the past three years, with institutional investment in large-scale mining operations driving it to unprecedented levels. This situation has led to unprecedented mining competition and raised the barrier to entry for individual miners. Ki Young Ju, CEO of CryptoQuant, predicts that this could be a positive sign for Bitcoin. This rise in mining difficulty could be a precursor to Bitcoin evolving into a stablecoin by 2030. As institutional dominance increases, Ju believes it could reduce volatility in the cryptocurrency market. With macroeconomic data and expected market volatility, analysts will be closely watching Bitcoin's performance in the coming weeks, with some expecting it to test its all-time high again before the end of the year.