Edul Patel, CEO of Mudrex, said, "Bitcoin trades above the $64,000 level aftermath of the fourth halving event. Neither bulls or bears are dominating at the moment. In this case, it is likely that Bitcoin might trade sideways between $62,000 and $66,000 in the next couple of days."
The halving coincided with a surge in transaction fees as many users competed for limited space. Bitcoin users collectively spent 37.7 BTC in fees, equivalent to over $2.4 million at current prices, to secure transactions within this block.
Bitcoin halving 2024: three experts share views ahead of big event invezz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from invezz.com Daily Mail and Mail on Sunday newspapers.