Bitcoin's Halving Event Unfolds, Market Stability Surprises Observers

On Saturday, April 20th, the Bitcoin network celebrated a significant milestone with the mining of its 840,000th block, coinciding with the much-anticipated halving event. Contrary to widespread speculation, the Bitcoin (BTC) market price exhibited remarkable stability.

At the moment the pivotal block was mined, BTC's valuation stood at **$63,976**, reflecting a modest **1% increase** from the day prior. The price remained virtually steady, recorded at **$63,873** shortly after.

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