Bitcoin last underwent a halving event on 11 May 2020 – where rewards for mining became 50% lower, falling from 12.5 new bitcoin per block to 6.25 bitcoin. The tightening supply provided a bullish scenario for the asset where the coin's price surged from $6877.62 on 11 April a month before the halving to $8821 at the time of the event itself. Despite significant volatility, the price continued to rise over the course of the next year to reach $49504 on 11 May 2021. Going off the last three Bitcoin halvings, the price increased minimally at the time of the halving. However, there was always slow but substantial growth in the months/years after. Regarding the halvings impact on price, one thing is for sure: the price of Bitcoin has never plummeted after a halving event. One thing we can say with confidence is that bitcoin is a volatile asset subject to large, short-term price swings. The halving presents a good opportunity to remind investors to take a measured approach that not only con https://cryptonighter.com/