Bitcoin halving sounds like a complex phenomenon at first reading, but it simply a process of reducing the mining rewards to half, done to maintain the supply of Bitcoin (21 million). More details on this later but first let’s talk about the price action. It has literally been a vertical ascend for the Crypto kingpin since the beginning of June, however, Alt. coins have lagged in matching gains of Bitcoin. The unilateral gains in BTC have led its market dominance to climb as high as 62% currently. The comfort with which Bitcoin overtook the psychological barrier of $10K without any…...
What is “Bitcoin halving” & its potential of powering an extended bull run into 2020-21?
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