Block 817,062 Gives BTC Boost to $35,810 Ahead of Halving Event

Published: reported on Bitcoin (BTC) mining block number 817,062, valued at $35,810, as the cryptocurrency community prepares for the upcoming halving event in April 2024. The halving will reduce mining rewards from 6.35 BTC to 3.175 BTC per block.

Despite a weekly decline of 1.42%, BTC’s price showed some resilience today, increasing by 0.66% to $36,612.18. The currency also experienced a slight decrease in dominance rate by 0.19%, settling at 51.45%.

Previous halving events have resulted in significant price fluctuations for Bitcoin, from $176 on January 14, 2015, to $3,185 in December 2018, and $15,758 in November 2022. Investors and enthusiasts are paying close attention to these patterns as they get ready for the upcoming halving.

Crypto Tea concluded its article with a standard advisory disclaimer, reminding readers to be cautious when engaging with cryptocurrency markets. This article was generated with the support of AI and reviewed by an editor. encourages people to stay on top of global financial markets by downloading their app. Join the millions of people who use to stay informed.

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