Saturday, 20 April 2024 The bitcoin market on Friday engineered the "halving" of the reward for operating the cryptocurrency, a much-anticipated step designed to limit production and boost the digital money. However, since the digital currency's launch in 2009, the reward has been halved for every 210,000 blocks in a process called halving.
As the 4th Bitcoin Halving concluded, experts have offered bold predictions for BTC’s future. Ecoinometrics, a leading crypto insights provider, has set the upper bound for the Bitcoin price in the fourth halving cycle at an astounding $4.5 million per BTC.
Bitcoin will hit $95,000 “in just one move” says Bitcoiner who called pre-halving all-time high, only the timing is uncertain, says a new bullish BTC price outlook.
Saturday, 20 April 2024
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