Halving is a common mechanism to regulate the supply of digital currencies. In addition to Bitcoin, many other blockchains that use the PoW consensus mechanism have halving mechanisms similar to Bitcoin. Historically, every time Bitcoin halving occurs, the price rises rapidly and reaches all-time highs within 6 to 12 months. Therefore, the halving event is closely related to the bull cycle of the crypto market. #BTC #LTC #BCH #BSV $BTC$LTC$BCH
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