What Is Bitcoin Halving and Does It Push Up the Cryptocurrencys Price?
© Copyright Image: Crypto Breaking News
Bitcoin is notoriously volatile, prone to sudden price surges and swift reversals that can wipe out millions of dollars of value in minutes. Those changes are often mysterious to market observers, because of the digital currencys lack of ties to the real economy. Bitcoin has another quirk, one that was built into the code that gave it birth: Every so often, the formula that governs the rate at which new tokens are created changes. As another such event called a halving approaches, Bitcoin sSource: Bloomberg Crypto
The post What Is Bitcoin Halving and Does It Push Up the Cryptocurrencys Price? appeared first on Crypto Breaking News.
Text source: Crypto Breaking News
