The third halving event just went off and started a new circle that will be ending in 2024 after completing more 210,000 blocks, leaving for now the market with predictions about #BTC price more hot than ever. The event reduced the miners reward and left the market demand the same but now with less offers from new #BTC generated by mining but with a full trading to get them on exchanges.
After halvening the transactions fees on the BTC network increased almost 800% and now still high registering the all time marks on the year and this could be caused apart from miners trying to still earning some profit from non profitable blocks or may be congestioning on the blockchain with #bitcoin unit trading at $9,890 with aclot of volatility.
Well it's a whole new reality with the new reward miners on table but i keep believing that the price asset will gain good traction in the coming days following the latest halving events the price skrocket reaching the highest all time in 2017 with a Unit traded for $20,000.
#stay safe and be protected from COVID-19.
**images from pixabay with free rights for commercial use.