Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving
Sat, Apr 20, 2024 11:56 AM

Bitcoin Rally Holds Around $63,700 Following 4th Block Reward Halving

A Flip by Shubhangi Gupta
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Bitcoin {{BTC}} held steady around $63,700 in the aftermath of the cryptocurrency's fourth halving, an event that upends the economics for the miners who power the Bitcoin ecosystem. BTC recently barely moved from its level right before the 840,000th Bitcoin block was mined just as Saturday began in UTC time. Bitcoin had slumped as low as $59,685 on Friday before rebounding above $65,000.

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