This highly anticipated Bitcoin halving took place at block height 840000, reducing the block reward from 6.25 to 3.125 BTC. This historic reduction occurred precisely on April 20, 2024, at 5:39 AM.Â
As the cryptocurrency community awaited this moment, the price of Bitcoin held steady. As less than a day past the Bitcoin halving, the event’s near- and long-term price impact has yet to be seen.
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