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  • Bitcoin traders are anticipating an event known as “the halvening,” where the rewards to so-called bitcoin miners are cut in half.
  • Currently, the number of bitcoins rewarded to miners stands at 12.5. By May 2020, the reward will be cut in half to 6.25 bitcoins.
  • Traders see the potential for upside with such an event, as it causes supply to dampen, bumping up the price of the digital asset.


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