bitcoin demand increasing
May 12, 2020
Monday saw the highly anticipated Bitcoin halving event take place, only the third in the history of the event.
These halvings happen every four years, and as of Monday’s 2020 halving, the number of new Bitcoins issued every 10 minutes dropped from 12.5 to 6.25. The halving happened on block 630,000.
This historic event has shown in two ways how secure Bitcoin’s long-term future is.
First, the Bitcoin price has been steadily increasing ahead of the halving event. Almost
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