Bitcoin Halving, Expected by Millions of Investors, Has Officially Happened: How Has It Affected Markets?
April 20, 2024
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The Bitcoin halving is awaited with great excitement by millions of cryptocurrency investors officially happened. In the past few hours, miners have solved another 210,000 blocks after the
The Bitcoin halving is awaited with great excitement by millions of cryptocurrency investors officially happened. In the past few hours, miners have solved another 210,000 blocks after the previous halving and thus also investors looked forward with great hope They signed the halving.
So Bitcoin halving, the markets? What impact has it made?? What is the latest situation in Bitcoin (BTC) and altcoins? Let’s take a brief look at the market situation.
Bitcoin (BTC) is trading at $64,300
According to the data we received from TradingView, the price of Bitcoin (BTC) is currently 64 thousand 300 dollars wandering around the levels. We see a small uptrend that started at 4am. Whether this trend will continue or not we don’t know yet. However, since last night there has no longer been an extreme increase.
Looking at the data we received from Coinmarketcap, there is also a big movement on the altcoin front. we cannot see it. Yes, 9 of the 10 highest volume cryptocurrencies rose in the last 24 hours. However, this is not a large increase. The popular altcoin that gained the most value in the last 24 hours is Cardano (ADA). This crypto asset 10.24 percent is appreciated.
Yes, as you can see from the tables above, the halving is impacting the cryptocurrency markets. had no immediate impact. But in the future we may see this situation change. Let’s see what kind of process the cryptocurrency markets will enter with the Bitcoin halving.
So what was this halving? What exactly happened last night?
Time until next halving:
*Source
This content should not be considered investment advice.
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Jason Root is a blockchain enthusiast and author at Div Bracket. He provides comprehensive coverage of the latest developments in the world of blockchain, offering readers a unique perspective on the industry and its potential for revolutionizing various industries.