Home » Crypto » Bitcoin Falls Hard Ahead of “Halving”

Bitcoin Falls Hard Ahead of “Halving”

by Financial Economy

Bitcoin, the highest cryptocurrency by market value, fell below $ 10k in hard fall ahead of Tuesday’s halving

Bitcoin, the highest cryptocurrency by market value, declined over the weekend after climbing above $ 10k last week.

Bitcoin, which fell 10 per cent on Sunday according to Bitstamp prices, recorded its harshest daily loss seen since March 12. Tuesday’s Friday trading at $ 8,762 at TSI 14:05 ahead of halving, with Bitcoin losing more than 13 per cent in value.

Halving / halvening miners ‘ reward means a 50 per cent reduction in the number of cryptocurrencies. With this event designed to contain inflation, the miners ‘ reward will be halved by 12 May. Halving happens every four years.

Rich Rosenblum, of cryptocurrency market maker GSR, said: “with the pandemic, ongoing stimulus measures and halving, we will likely see volatility increase throughout May.” said.

According to research by Pantera Capital, Bitcoin has historically seen halvinge dip 459 days into the event and then bounce back. Post-Halving rallies take an average of 446 days.

“Bitcoin’s third halving looks different from its predecessors so far and does not appear to have been a sustainable price rise,” Payal Lakhani, director of equity research and product development at CME Group, said in a blog post Friday.” said.

Related Posts


Kiersten 11 July 2020 - 18:17

Greetings from Carolina! I’m bored to death at work so I
decided to check out your website on my iphone during lunch break.
I love the information you provide here and can’t wait
to take a look when I get home. I’m shocked at how quick your blog loaded on my phone ..
I’m not even using WIFI, just 3G .. Anyways, amazing blog!
I’ve been surfing online more than 3 hours today, yet I never
found any interesting article like yours. It’s pretty worth enough for me.
In my opinion, if all website owners and bloggers made good content as you did, the
web will be much more useful than ever before.
Hello! I’ve been following your weblog for a long time now and finally got
the bravery to go ahead and give you a shout out from Kingwood Texas!
Just wanted to say keep up the fantastic work

Europe 24 July 2020 - 12:49

Socialism cuba fidel castro Socialist System haiti dollar russia Socialist america Society rubles Soil Pollution value sili peso Specialization Speculation brunei Speculator borsa bist 100 Spillover Effect bist 30 Stability bist 50

sarunas 26 July 2020 - 10:45

Uncertainty coronovirus Underdeveloped Country china Underemployment japan Unemployment Rate usa Unemployment lithunia Union

ahmed 26 July 2020 - 13:42

Year dollar oil bitcoin Yearly euro ethereum Yield ripple

Anonymous 26 July 2020 - 14:41

Welfare Worker World Bank (IBRD, International Bank for Reconstruction and Development) World Economy World Tourism Organization (WTO) World Trade Organization (WTO)

oil maybe 26 July 2020 - 14:50

Total money europe Trade germany uk france Trader italy Transaction Costs greece Transfer Payments spain Treasury Bill clinton Trust biden

belor 9 August 2020 - 13:47

btc xrp ethereum vs. of course price higher than gold dollar euro and etc.

bracelet 14 October 2020 - 23:34

We’re a bunch of volunteers and opening a new scheme in our community.
Your website offered us with valuable info to work on. You’ve done
a formidable task and our whole neighborhood shall be thankful to you.

custom sweatbands 23 October 2020 - 14:57

Hey there! Quick question that’s entirely off topic. Do you know
how to make your site mobile friendly? My blog looks
weird when browsing from my iphone. I’m trying
to find a template or plugin that might be
able to resolve this problem. If you have any recommendations,
please share. Appreciate it!

btc usd 25 October 2020 - 17:14

btc how much future? i think 20k usd in 2021 you think?

Judi Online 3 November 2020 - 00:29

Bitcoin Falls Hard Ahead of “Halving” what does it mean i dont understanda btc up or down?

nahl 6 November 2020 - 23:29

Bitcoin Falls Hard Ahead of “Halving” What’s up mates, its enormous post regarding tutoringand fully
explained, keep it up all the time.

grek 10 December 2020 - 12:42

hi!,I really like your writing very much! Bitcoin Falls Hard Ahead of “Halving”
share we keep in touch more about your article on AOL?
I require a specialist on this space to solve my problem.
Maybe that’s you! Taking a look forward to see you. Bitcoin Falls Hard Ahead of “Halving”

Deleny 29 December 2020 - 15:10

hello there and thank you for your information ? btc xrp xlm xml 2021 2022 I’ve definitely picked up something new from right here. central bank meeting date 2021 2022
I did however expertise several technical points using this site, as I experienced to reload the website lots of times previous to I
could get it to load correctly. minimum wage 2021 2022 I had been wondering if your hosting is
OK? Not that I am complaining, but sluggish loading instances times will sometimes affect your placement in google and could damage your high quality score
if ads and marketing with Adwords. dollar bill 2021 2022 euro 1000 banknote Anyway I am adding this RSS to my e-mail
and could look out for much more of your respective exciting content.
Make sure you update this again soon.

btc crypto blockchain 9 April 2021 - 09:45

Hi there, just became alert to your blog through Bitcoin Falls Hard Ahead of “Halving”
Google, and found that it is really informative Bitcoin Falls Hard Ahead of “Halving”
I’m gonna watch out for brussels Bitcoin Falls Hard Ahead of “Halving” I will appreciate if you
continue this in future. A lot of people will be benefited
from your writing Cheers


Leave a Comment