Express

Bitcoin Halving Is Happening NOW

Yiran Dai

Summary: The third Bitcoin halving is happening now. After the halving, the reward per block mined on Bitcoin will reduce by 50% from 12.5 BTC to 6.25 BTC. According to Bitpush Market Data, Bitcoin is trading at $8518, as of the writing.

The third Bitcoin halving is happening now. After the halving, the reward per block mined on Bitcoin will reduce by 50% from 12.5 BTC to 6.25 BTC.  

Bitcoin Halving occurs once every four years to constrict supply and prevent the inflation of the cryptocurrency, as designed by Satoshi Nakamoto. The total number of Bitcoin will stop increasing once it hits the 21 million blocks milestone.

According to Bitpush Market Data, Bitcoin is trading at $8518, as of the writing. The price of BTC has been bouncing up and down over the past few days. On Friday, BTC almost broke into the $10,000 zone, whereas on Sunday, it dropped to a low of $8375.

By Yiran Dai

Last Update:

Tags: ,,,
Link: Bitcoin Halving Is Happening NOW   [Copy]
Next:

Related Articles

  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 3 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 4 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 6 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 7 days ago
  • Bitcoin Surges to New Highs, Momentum Points to Further Gains 11 days ago

    • You need to login to comment.