Bitcoin value soared to $ 10 thousand on the eve of halving

The cost of bitcoin for the first time since mid-February has surpassed the mark of $ 10 thousand, according to RIA Novosti with reference to trading data.

According to analysts, cryptocurrency is growing after other risky assets. It is believed that the relatively low market capitalization is attractive to risky players.

In mid-May, another halving is expected – a standard process when the miners’ reward for mining blocks is halved. Previously, this happened in 2012 and 2016.

Experts believe that halving can seriously change the mining industry, which is now mainly concentrated in China, and many traders are tuned for the growth of bitcoin.

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