It’s Today! What is Bitcoin Halving?

Zonda
BitBay Exchange Blog
1 min readMay 11, 2020

Only a few hours left to the Bitcoin halving. For the third time in history, Bitcoin block reward will be reduced by half.

What outcomes for the community, market and BTC price will bring upcoming halving? Last week, the Bitcoin price went above 10 000 USD for the first time in three months. Check how the BTC price reacted in the past to upcoming halving.

How will the third halving affect the price of Bitcoin

Before the last Satoshi will be mined, we will experience a total of 32 halvings. Thus, it is worth to remember the most important facts regarding this mechanism. We have prepared for you a small summary

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Zonda
BitBay Exchange Blog

Zonda (ex-BitBay) is one of the largest digital currency exchanges in Europe with over 1 million users.