On the eve of halving, the Bitcoin rate fell by 13%, and the commission tripled

On May 10, the day before the halving, within 30 minutes, the Bitcoin rate crashed from $ 9,560 to $ 8,100, but then recovered to $ 8,600.

Этот спад остановил месячное восхождение BTC, the price of which increased by 38% in April, from $6,200 to $8,600, and briefly reached $10,000 in May. The situation was aggravated by the fact that such a sharp collapse led to the liquidation of a large number of long positions on high margins, awaiting further appreciation. Many traders hoped to make good money on the upcoming halving, but did not take into account that over the past 2 months the Bitcoin rate has increased by more than150%

At the time of publication, the BTC exchange rate is $8611.

However, investors’ expectations were also fueled by the exchanges, which recommended that investors have time to buy military-technical cooperation on favorable terms before the remuneration was reduced.

The increase in sales against the backdrop of market volatility led to an increase in commissions for transactions, the cost of which increased by more than 300% from the average level, and at the peak exceeded $ 3.

It should also be noted that immediately after the two previous halvings, the price of bitcoin fell by 10% and 38%, respectively, but then gradually recovered, reaching new highs.

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