Bitcoin will enter its fourth halving in April 2024, a process that will halve the rewards for mining new blocks. This event, which happens every four years, is seen as a catalyst in the rise in the price of Bitcoin as it reduces the supply of new coins and increases the rarity of BTC. According to the analyst, the price of Bitcoin must rise between $ 50,000-60,000 in order for the miners to make no loss. [link] [comments] |
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