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NewsBTC 2019-07-22 11:00:31

Post-Halving Bitcoin to Hit $100,000 in 2020? It’s Unlikely, Data Shows

In around 300 days, Bitcoin (BTC) will experience what is known as a “halving” or “halvening”. This event, which occurs in predictable four-year cycles, sees the amount of the cryptocurrency issued every ten minutes halve, this time from 12.5 coins to 6.25 coins per block. Related Reading: Bitcoin Bears Ramp Up Selling Pressure as Weekly...The post Post-Halving Bitcoin to Hit $100,000 in 2020? It’s Unlikely, Data Shows appeared first on NewsBTC.

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