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Crypto Week Ahead: Bitcoin Resumes Rally As Halving Event Approaches
Over the past seven days, Bitcoin (BTC) price achieved a high of $71,413.06.
![Crypto Week Ahead: Bitcoin Resumes Rally As Halving Event Approaches Crypto Week Ahead April 1 7 Bitcoin Halving 2024 Date Ethereum ETH Price Rally BTC ETF ABPP Crypto Week Ahead: Bitcoin Resumes Rally As Halving Event Approaches](https://feeds.abplive.com/onecms/images/uploaded-images/2024/01/29/4a455d8830787f253e9c5a1e4983cf311706511633099402_original.jpg?impolicy=abp_cdn&imwidth=1200&height=675)
BTC dominance, at the time of writing, stood at 52.04 percent. ( Image Source :Eivind Pedersen/Pixabay )
Bitcoin (BTC), the most popular cryptocurrency in the world, has managed to resume its rally from last month, managing to touch highs of around $71,000 over the past week. It’s largely being speculated that as the much-awaited BTC Halving event is coming up on April 19, a price could take place as the supply of new Bitcoin will reduce considerably. However, readers are urged to keep in mind that Bitcoin Halving may not immediately lead to a boom, as several factors affect prices.
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