Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving

Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving

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Source: Coindesk.com

Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC-20 ecosystem bets. The halving will reduce the rate at which new coins are created, an event that has historically preceded a bull market for the cryptocurrency.

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The post "Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving" appeared first here Coindesk.com.

Source: Coindesk.com

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