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Published on 27 Apr 2024 on Motley Fool via Yahoo Finance

Bitcoin Just Halved Its Mining Reward. Here's Why I'm Buying Now

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On the evening of April 19, the much-anticipated Bitcoin (CRYPTO: BTC) halving finally took place. Crypto investors around the world celebrated, and for good reason. There have been three previous halving events, and each one has resulted in a new bull market cycle for Bitcoin.

So is the halving going to send the price of Bitcoin soaring again this year? I think so, and here's why.

Bitcoin has its own monetary policy

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CRYPTO.BTC price evolution

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