Bitcoin Halving: Price Impact & What It Means - AP News

Apr 20, 2024 06:08

Bitcoin's latest 'halving' has reduced new production of the cryptocurrency. Learn about the impact on price and what it means for investors.

New York, Apr 20 (AP) The miners who chisel bitcoins out of complex mathematics are taking a 50% pay cut effectively reducing new production of the world's largest cryptocurrency, again.

Bitcoin's latest halving" appeared to occur Friday night. Soon after the highly anticipated event, the price of bitcoin held steady at about $63,907. (AP)

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Bitcoin Halving: Price Impact & What It Means - AP News

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