The quadrennial slashing of the crypto reward, known as ‘halving,’ is expected to take place this week The price of Bitcoin, the world’s highest-valued cryptocurrency, surged past $64,000 on Friday, rebounding from a drop below the $60,000 mark. The crypto continues to experience volatility ahead of an upcoming ‘halving’ event, which has sparked controversy over its potential impact. The latest Bitcoin halving – a mechanism to limit supply that takes place every four years – is expected late on Friday night or early Saturday. Halving is when the rewards for Bitcoin miners are slashed in half to slow the supply of
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