After weeks of rallying, Bitcoin finally topped $10,000 today, ripping past this key level. Here’s a collection of what caused this move, which liquidated dozens of millions worth of BitMEX short positions. The Bitcoin Halving is Imminent The most notable catalyst behind Bitcoin’s rally is the block reward reduction or “halving,” In four days, the number of coins issued per block will get cut in half from 12.5 to 6.25, resulting in a 50% drop […]
