Bitcoin: Is The Halving Event A “Nothing Burger”?
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The reaction in the Bitcoin price after the halving event has been muted so far. What does this mean? The Bitcoin halving event, which occurs every four years, reduces miners’ rewards and is historically associated with significant price increases before and after. Despite the muted immediate reaction in Bitcoin’s price after the recent halving, the…
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As the crypto world pauses to witness the halving event, speculation about Bitcoin’s price is rampant. Even the founder of Dogecoin appears to be leaning toward a negative outlook. The Bitcoin halving event, which occurs every four years, reduces miners’ rewards by 50%. This could potentially drive up prices due to decreased supply and reinforce…