Bitcoin Shoots to $66K Post Halving, Shiba Inu (SHIB) Upgrade, and More: Bits Recap April 22

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Bitcoin Shoots to $66K Post Halving, Shiba Inu (SHIB) Upgrade, and More: Bits Recap April 22
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Bitcoin’s halving reduced mining rewards, decreasing the new coin supply and historically leading to price rallies, with BTC recently rising above $66,000.

The mechanism has a direct impact on BTC’s inflation rate since it slows the rate at which new coins enter the market, making them scarcer and potentially more valuable over time .

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