The Rise of Bitcoin and Its Effects

The price of Bitcoin (BTC) reached a high level, exceeding $71, prior to the 4th block reward halving. This anticipated halving, which will reduce new BTC production by 50%, strengthened the positive expectation among investors. Halving and Altcoins The upcoming halving is seen as a positive development for both Bitcoin and altcoins. Investors’ expectation of a rally after this period increases the value of the Bitcoin ecosystem and associated altcoins. Investments in the Ordinal and BRC-20 ecosystem also benefit from this situation, renewing confidence. BRC-20 Tokens and Market Status The value of BRC-20 tokens increased by about 6% in the last 24 hours. Tokens such as Multibit (MULTI), pepe (PEPE), alex (ALEX), and pizza (PIZA) stood out, while there was a 22% decrease in the PUPS token associated with Pups Ordinal. Effects of Bitcoin Halving The block reward for miners will be halved, leading to a decrease in the BTC […]

The Rise of Bitcoin and Its Effects

The price of Bitcoin (BTC) reached a high level, exceeding $71, prior to the 4th block reward halving. This anticipated halving, which will reduce new BTC production by 50%, strengthened the positive expectation among investors.

Halving and Altcoins

The upcoming halving is seen as a positive development for both Bitcoin and altcoins. Investors’ expectation of a rally after this period increases the value of the Bitcoin ecosystem and associated altcoins. Investments in the Ordinal and BRC-20 ecosystem also benefit from this situation, renewing confidence.

BRC-20 Tokens and Market Status

The value of BRC-20 tokens increased by about 6% in the last 24 hours. Tokens such as Multibit (MULTI), pepe (PEPE), alex (ALEX), and pizza (PIZA) stood out, while there was a 22% decrease in the PUPS token associated with Pups Ordinal.

Effects of Bitcoin Halving

The block reward for miners will be halved, leading to a decrease in the BTC supply. The current 6.25 BTC reward will decrease to 3.125 BTC after halving. The open interest (OI) is over 25 billion dollars, indicating increased interest in Bitcoin among investors.

Beneficial Information for Readers

The 4th block reward halving of Bitcoin creates a positive expectation in the price.
Investors show interest in the Bitcoin ecosystem and altcoins, increasing confidence in the ecosystem.
BRC-20 tokens, especially memecoins, are yielding high profits.
Post-halving, mining rewards will decrease by 50%, leading to a decrease in Bitcoin supply.
The increase in open interest suggests that investors might consider post-halving price volatility as an opportunity.

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how to buy crypto?
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