Bitcoin: ‘Most Dramatic’ 2020 Halving Could Cut Supply by $63M a Week

Cointelegraph | Oct 21, 2019 at 11:01 AM
  • Advocates continue to focus on the May 2020 block reward halving this week as the impact on price becomes more apparent.
  • Previous halving events have triggered upward price motion, leading to suggestions that 2020 will be no different.
  • Comparing historical data, Crypto Rand noted that the 2012 and 2016 halvings removed $302,400 and $8.19 million per week from circulation respectively.