Bitcoin Tops $71K, Ordinals Bets Rise Ahead of Halving CoinDesk

News Source : CoinDesk

News Summary

BTC rose 2% in the past 24 hours taking it to the highest since April 1
The broad-based CoinDesk 20, an index of the most liquid tokens excluding stablecoins, was up 0
43%
When halving occurs, the reward for mining transactions is cut by 50%, reducing the rate at which new coins are created

Bitcoin rose above $71,000 in Asian afternoon hours for the first time since April 1 ahead of the reward halving expected later this month, boosting Ordinal and BRC20 ecosystem bets.< [+2215 chars]

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