2024-04-13 06:50:25

The Bitcoin block reward halving, which occurs every four years, is now only 8 days away. Current data suggests that the halving will take place on April 20. Bitcoin's fourth halving is different in many ways. The halvings in 2012, 2016 and 2020 did not have such different dynamics. What makes the fourth halving unique?

First of all, the price of Bitcoin broke a record before a halving for the first time in its history. This has never happened in the past. While the price record usually comes months after the halving, this time it was seen 1.5 months before. Antoni Trenchev, co-founder of cryptocurrency exchange Nexo, said, "What makes this halving unique is that Bitcoin has already surpassed the high of the last cycle. "This has never happened before, making it much more difficult to predict the length and severity of the cycle." #HotTopicDiscussion#

BTC0.49%

BLOK0.21%

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