Bitcoin Price Eyes New Highs as Halving Approaches, Cutting Miner Rewards in Half
• Bitcoin halving happening in 9 days - miners' rewards will be cut from 6.25 to 3.125 BTC per block • Overall Bitcoin supply issued per day will drop from 900 to 450 BTC • Many analysts believe halving will give Bitcoin price momentum to reach new all-time high • Last halving in 2020 preceded Bitcoin hitting two historic price peaks in 2021 • Bitcoin recently hit new all-time high of $73,750 on March 14, currently trading around $67,600