Crypto News

The Catalyst: Bitcoin Halving The highly anticipated Bitcoin halving event, which occurs every four years, is expected to take place in Q4 of 2024. This event is a major catalyst for the Bitcoin market as it reduces the supply of new Bitcoins being created. This scarcity of supply usually leads to an increase in demand and ultimately drives up the price of Bitcoin. Historical Performance Looking back at previous Bitcoin halving events, we can see a clear pattern of price increases in the months following the event. In 2012, the first halving event saw Bitcoin's price increase by over 8,000%. In 2016, the second halving event saw a price increase of over 2,500%. With both events occurring in Q4, many experts are predicting a similar or even greater price increase in Q4 of 2024. Trending Hashtags and Crypto Tickers As the hype around Uptober and the Bitcoin halving event grows, social media platforms have been flooded with trending hashtags such as #Uptober, #BitcoinHalv...