At block 961,632, a contested Bitcoin protocol change called BIP-110 entered its mandatory signaling phase despite fewer than 3% of miners backing it. The proposal would temporarily restrict non-financial data from being written to the blockchain for one year. Supporters have split off onto a minority chain, while the main Bitcoin network continues to process blocks with overwhelming miner consensus against the change.
A contested fork with minimal miner support creates short-term price uncertainty for Bitcoin and assets that track it closely. Investors holding BTC, spot Bitcoin ETFs, or crypto-heavy funds should expect elevated volatility until the market confirms whether the minority chain gains any meaningful traction. If the fork collapses quickly, the overhang clears fast. If it persists, it raises questions about governance that have historically weighed on sentiment.
Ongoing: miner signaling data over the next 2,016 blocks (approximately two weeks). No fixed date: minority chain hash rate reports, which will indicate whether the dissenting group is growing or collapsing.
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