By CCN: In about every four years, the Bitcoin blockchain network experiences a block reward halving, a mechanism that reduces the rate in which new bitcoin is generated or mined by miners. The block reward halving has typically served as a key fundamental factor behind the dominant cryptocurrency’s major rallies. Price one year before first halvening : $2.55 Price one year after first halvening : $1,037 Price one year before second halvening : $268 Price one year after second halvening : $2,525 Price one year before the third halvening: $7,100Price one year after the third halvening: — The Rhythm Trader
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