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Three Days from the Halving, Bitcoin Rises to the $10,000 Zone
Summary: Bitcoin almost broke into the $10,000 zone in the last 24 hours, when it reached a new high of $9,997.66 since February. The current trading price dropped slightly to $9954.90, according to Bitpush Market Data. Within three days, the halving that occurs once every four years is to take place, as the supply of new BTC will contrast by 50%.
Bitcoin almost broke into the $10,000 zone in the last 24 hours, when it reached a new high of $9,997.66 since February. The current trading price dropped slightly to $9954.90, according to Bitpush Market Data. Within three days, the halving that occurs once every four years is to take place, as the supply of new BTC will contrast by 50%.
Activities on Bitcoin are also sprouting up. Coinspeaker reported that the total number of confirmed transactions mounted to 333,902 in the past 24 hours. Compared with the last two months, the number has increased by over 100,000. Per ZyCrypto, total BTC options open interest reached $1 Billion recently.
Bitcoin has been witnessing a steady pre-halving bull run, which results from the expectation of the post-halving price surge, fiat money inflation due to COVID-19, and more. However, what happens after the halving is still unknown.
By Yiran Dai
Tags: Bitcoin,Halving
Link: Three Days from the Halving, Bitcoin Rises to the $10,000 Zone [Copy]
