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BTC’s Price May Begin To Climb When Closer to Next Halving Event

Published 12/20/2022, 08:00 AM
© Reuters.  BTC’s Price May Begin To Climb When Closer to Next Halving Event
BTC/USD
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  • PlanB tweeted that the next BTC halving event is approximately 15 months away.
  • The price of BTC has risen over the last 24 hours according to CoinMarketCap.
  • BTC’s price may only begin climbing once macroeconomic conditions ease up.

A tweet made by the crypto trader, PlanB (@100trillionUSD), yesterday shows that the next Bitcoin (BTC) halving is set to take place in approximately 15 months. Currently, the price of the crypto market leader stands at $16,821.14 according to the crypto market tracking website, CoinMarketCap.

According to CoinMarketCap, BTC’s price has risen 0.30% over the last 24 hours. Bitcoin’s price is, however, down 2.28% over the last 7 days. The trading volume for BTC is also up over the last 24 hours. At press time, the daily trading volume for BTC is approximately $21,567,971,550, which is a 71.65% increase compared to yesterday.

The post BTC’s Price May Begin To Climb When Closer to Next Halving Event appeared first on Coin Edition.

See original on CoinEdition

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