Bitcoin After Halving 2016: Market Impact and Price Trends
The 2016 Bitcoin halving event reduced the block reward from 25 BTC to 12.5 BTC, significantly impacting the cryptocurrency market. This reduction in supply led to increased scarcity, which historically drove up Bitcoin\“s price over the following months. Investors and miners adjusted their strategies to adapt to the new reward structure, fostering long-term growth in the Bitcoin ecosystem.
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