Bitcoin completed its 4th halving, reducing mining rewards to 3.12 BTC. This event caused volatility in BTC's price, which fell to $63,370, down 2% in 6 hours. Despite bearish indicators, positive capital inflows were noted. Bitcoin's scarcity, due to halving, could enhance its value as a store of value asset like Gold. Historically, halving events have led to significant price increases, with a 500% surge seen after the last halving in May 2020. With increasing demand and decreasing supply, Bitcoin's rally is anticipated.

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