Crypto prices gain to start the week following first Bitcoin halving since 2020
by CNBC
CNBC— The Bitcoin network completed its fourth “halving” late Friday, reducing the rewards miners earned to 3.125 bitcoins from 6.25.
Bitcoin News—7 AI Chatbots Predict Bitcoin's Price Post-Halving; See $80K-$100K by Year-End – Markets and Prices Bitcoin News. On April 28, 2024, the price of bitcoin was coasting along at $62,900 per unit as of 7:28 p.m. Eastern Time (ET). Since then, the price fell below the $62K mark by Monday morning ET, only to climb back above $62,000 by mid-afternoon. It has been nine days since the last halving event and 109 […]
Benzinga—Bitcoin Surge Predicted By Crypto Analyst Post Halving: 'Rotation Has Slowly Started'. Cryptocurrency analyst Michael van de Poppe has announced the conclusion of the Bitcoin (CRYPTO: BTC) halving, predicting a market upswing. read more
International Business Times UK—What Is Bitcoin Halving: When Is It and Do I Buy Bitcoin Before or After Halving?. Bitcoin halving is a significant event that occurs roughly every four years, marking a gradual slowdown in the Bitcoin production rate; this is done to maintain a maximum limit of 21 million Bitcoin tokens. Around 19 million Bitcoin tokens are circulating, with the limit expected to be exhausted by 2140.The halving event plays a vital role in the Bitcoin market, often leading to a rally before the event. This year, prices were boosted by the U.S. Securities and Exchange Commission's decision to...