The average time for Bitcoin blocks exceeds 13 minutes, the first time since 2018

The average time for Bitcoin blocks exceeds 13 minutes, the first time since 2018

According to BlockBeats, bitinfochart shows that the average block time of the Bitcoin network has increased recently, with the average block time at 13 minutes, and once exceeded 14 minutes.
The average block time of Bitcoin is 10 minutes. Generally, blocks are not produced on time, but fluctuate within a range of 10 minutes. However, it is not common in history for the average block time to exceed 13 minutes. According to bitinfochart data, since 2010, the average block time of Bitcoin has exceeded 13 minutes only in the fourth quarter of 2018, when the price of Bitcoin also fell sharply. It can be speculated that this phenomenon may be caused by the decline in the price of the currency.
BlockBeats once reported that on March 12, when Bitcoin plummeted by nearly 30% in a short period of time, the Bitcoin network did not produce any blocks for an hour.

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