Bitcoin ‘Halving’ Due Next Year Spurs Predictions of Rally in Token Past $50,000
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Summary:(Bloomberg) -- Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBud Light Marketing Executive Takes Leave After Controversy: Ad AgeElon Musk’

(Bloomberg) -- Bitcoin’s rebound is just the start of a rally that will take it past $50,000 next year courtesy of a process known as halving that curbs the supply of new tokens, according to projections from crypto analysts.Most Read from BloombergBud Light Takes the Cowardly Way OutBillionaire Brin Sold Tesla Near Its Peak for New Giving VehicleAnger in Europe After Chinese Diplomat Says Ex-Soviet States Not SovereignBud Light Marketing Executive Takes Leave After Controversy: Ad AgeElon Musk’

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