Bitcoin’s Price Up Since The Halving
12% to be exact, and we have only just begun!
Market Wrap: Bitcoin’s Price Up 12% Since the Halving
Bitcoin has seen steady gains in price since the halving took place on May 11. The number of institutional investors trading in the CME crypto options market is a sign of continued interest in this asset class.
At press time, bitcoin’s price has risen 12% since the reward for bitcoin miners was cut in half.
Over the past 24 hours, bitcoin (BTC) was trading up 6% at $9,689. The world’s first cryptocurrency is chugging higher, with technical indicators including the 10-day and 50-day moving averages above bullish levels since May 13.
Full article here: https://www.coindesk.com/market-wrap-bitcoins-price-up-12-since-the-halving