Bitcoin (COIN: #BTC) Gains Bullish Momentum in the 48 Hours Following the 4th Halving Event

Bitcoin (COIN: $BTC) Halving is a mega event in cryptocurrency history, and after this, the Bull Run is most likely to start, and most altcoins start hovering toward beating their all-time high. Bitcoin had already surpassed its previous all-time after the approval of ETFs in late January.

The 4th halving took place at 8:09 PM. Eastern on Friday. As a result of the halving event, mining rewards are now down from 6.25 BTC to 3.12 BTC. Bitcoin experienced its halving when the 840,000th block was added to its blockchain, a rare occurrence occurring approximately every four years.

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