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This is what Bitcoin halving means

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This is what Bitcoin halving means

Despite all the prophecies of doom, digital currencies are flourishing. Its best-known and oldest representative, Bitcoin, has been trading above $60,000 since the end of February, with outliers reaching more than $70,000. There are many reasons for this, but ultimately they are all based on a simple economic principle: demand exceeds supply, prices rise. The first reason for this is the introduction of the first Bitcoin ETF in the United States. Another reason is probably the record mood on the markets. And now there is the Bitcoin halving. Now miners receive less reward for creating Bitcoin. A simple explanation as to why this is the case.

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