Global #Bitcoin halving

It was anticipated that the price of Shiba Inu (SHIB) would rise by 43% before the meme currency succumbed to general market pessimism.

With the successful completion of its fourth halving event, miners' block rewards have once again been cut in half, from 6.25 to 3.125 BTC. The Bitcoin halving, sometimes referred to as "the halvening," is scheduled to occur every 210,000 blocks, or roughly every four years.

Bitcoin BTC is on the brink of its fourth halving event, scheduled to occur when Bitcoin’s block height hits 840,000 on April 20.

The price of FLOKI surged by up to 8% today, hitting $0.0001418, while the cryptocurrency market gained 5% over the previous day.

With just 100 blocks remaining before the incentive for mining the flagship decentralized finance (DeFi) asset is cut in half, the Bitcoin (BTC) halving, one of the most significant events in the cryptocurrency sector, is rapidly approaching. The excitement in the cryptocurrency world is growing.

A intriguing tendency among miners is emerging as the much awaited April 19 Bitcoin halving event draws near. In contrast to the pre-halving sell-offs that occurred prior to the 2020 and 2016 halvings, miners accumulate.