2024-12-25T11:48:14+0800

Bitcoin (BTC-USD) has dropped over 10% within the past 5 days in anticipation for the "halving" of bitcoin. Halving is when the reward for bitcoin mining is cut in half to reduce the amount of coins in circulation. It happens about every 4 years. Yahoo Finance's Bradley Smith breaks down what bitcoin halving means and what investors need to keep in mind as it starts. About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance