marketcycle

Remember back in 2012? Bitcoin’s initial halving launched its price to the moon, an astronomical, incredible 7000% increase. Then along came 2016, a “mere” 291%, followed by 2020’s 541%. I mean, sure — everybody was looking forward to history repeating itself in 2024, amirite? Here we sit, half a year...

The Bitcoin community recently celebrated the anniversary of a significant event: the most recent halving, which occurred on April 20, 2024. This event reduced the block reward from 6.25 BTC to 3.125 BTC, a pivotal moment that underscores Bitcoin's programmed scarcity and its potential impact on the cryptocurrency's price dynamics....