Impending event could push price of Bitcoin into stratosphere ...News

Russia Today - Economy
Impending event could push price of Bitcoin into stratosphere
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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