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The global #cryptomarket cap was $1.09 trillion at the time of writing, with a 24-hour dip of 0.47 percent. #Bitcoin (BTC) failed to rise above $28K over the weekend as popular altcoins, including #Ethereum (ETH), #Dogecoin (DOGE), #Ripple (XRP), and #Litecoin (LTC), landed in the red.This drop in price due to the ongoing Israel-Hamas conflict. However, the @CoinMarketCap Market Fear & Greed Index stands at 45, indicating that investors are choosing to remain neutral for now to see how things develop before making any drastic decisions.
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#Bitcoin Halving: The coded curb on #inflation, where miners' rewards are halved, propelling #BTC scarcity to new heights. ⛏️

A cycle of scarcity, occurring every 210k blocks, steering Bitcoin closer to its 21 million #marketcap.

Dive deeper into the miner's realm in our full video: https://www.youtube.com/watch?v=KOfNqL3dxDA

#BitcoinHalving #Coinpedia #Crypto