Bitcoin hovers around $66,000 in global crypto markets post-halving | Mint

Bitcoin hovers around $66,000 in global crypto markets post-halving | Mint

Bitcoin (BTC) trades at $66,074 on Tuesday, marginally higher than its price a day ago, CoinDesk data showed. The fourth bitcoin-halving took place on Friday, following which the issuance rate of new bitcoin dropped to 3.125 every 10 minutes. It is a little surprising that bitcoin is trading at muted prices post-halving. Experts explain this by saying that the price had already risen prior to the halving. In fact, it’s the first time in Bitcoin history that the price had …