Block Halving

The prices didn’t move as per the prediction. In-fact the prices looked bullish, futures and spot prices were at par but there was no movement observed. Even though very high volumes were recorded across exchanges.

Block halving started in 2012. The second halving took place in 2016 and the third halving took place on 11th May 2020. The prices did not move as per the predictions of many. Usually, the prices go upwards before the halving, but this time they remained stable.

Users removed approximately 23,540 Bitcoins (BTC) from online exchanges in May 2020 as per data received.

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