Bitcoin (BTC), the largest cryptocurrency by market capitalization, has started to climb after experiencing relatively stable prices despite widespread anticipation among Bitcoin enthusiasts regarding the potential price surge following the halving event.
Ahead of the halving, the digital currency saw a low of $59,000 before experiencing a significant jump to $63,000 to close Friday's trading. The world's first decentralized cryptocurrency then traded at around $63,000 and $64,000 during the halving, wherein BTC prices are split in half – taking place only once every four years.
