What is the Bitcoin fork event?
Bitcoin is known for its extreme volatility, as it is vulnerable to sudden spikes in its price and rapid declines that could wipe millions of dollars off the value of the currency within a few minutes.
These changes are often mysterious to market watchers, due to the absence of the fundamentals of the digital currency or any links to the real economy.
Bitcoin has another strange characteristic, as it was part of the software code that created the currency; From time to time, the equation that governs the rate of production of new tokens changes.
As the timing of this event, called halving, approaches once again, Bitcoin supporters and skeptics disagree about the impact on the currency's value.
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