As of November 28th, COINOTAG News highlights the significant milestone of the 12th anniversary of Bitcoin’s inaugural halving event. This pivotal moment witnessed the reduction of the block reward from 50 BTC to 25 BTC, fundamentally altering the economic dynamics of the Bitcoin network. Launched on January 3, 2009, Bitcoin commenced its journey with an initial transaction value of merely $0.0008. Today, the cryptocurrency is experiencing a meteoric rise, with current Bitcoin prices standing at approximately $95,180. This price surge reflects the increasing institutional adoption and growing global interest in digital currencies, reinforcing Bitcoin’s status as a leading asset in the digital economy. Investors are closely monitoring these developments, as the implications of halving events historically influence market fluctuations and investor sentiment.
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