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The fourth Bitcoin halving is just around the corner.
The event happens every four years. This year’s event will cut block rewards to 3.215 bitcoin down from 6.25 bitcoin, a roughly 50% drop.
The halving is likely to take place on April 19, meaning there are roughly 8,600 bitcoin blocks until the event.
The previous halvings saw bitcoin hit highs, with bitcoin topping $1,000 following the 2012 halving and $20,000 after the 2016 halving.
The most recent halving, which took place in 2020, preceded bitcoin hitting its all-time high of $69,000.
But the jump in price didn’t happen overnight. In some cases it took months for bitcoin to climb to new highs, though that doesn’t mean…
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