Crypto Markets to Eye These 3 Trends Before Upcoming Bitcoin Halving

Crypto markets are in great anticipation of the future trajectory of Bitcoin with the upcoming halving. The past week saw a tremendous increase in the price and value of the OG-crypto currency. According to CNBC, the automatic halving procedure commences upon the creation of 210,000 “blocks” in the course of mining bitcoins. This occurs roughly every four years and reduces the payout for mining new bitcoin by half, hence discouraging coin production. The following halving event is anticipated to occur in April 2020, which was the last one.