Previous Close | 197.97 |
Open | 197.65 |
Bid | 162.00 |
Ask | 166.65 |
Strike | 50.00 |
Expire Date | 2025-01-17 |
Day's Range | 197.65 - 197.97 |
Contract Range | N/A |
Volume | |
Open Interest | 593 |
Following escalations between Israel and Iran, bitcoin prices (BTC-USD) have seen some bounce back in price after dropping from their all-time high in recent weeks. Investors have moved into other assets while the bitcoin halving event approaches this weekend. Yahoo Finance Senior Reporter Ines Ferre breaks down the recent movements in bitcoin and crypto stocks after rising tensions in the Middle East and the advent of bitcoin's halving. Want to learn more about the bitcoin halving? Watch this video from Yahoo Finance for a quick explainer: Bitcoin halving: Explained For more expert insight and the latest market action, click here to watch this full episode. This post was written by Nicholas Jacobino
The fourth quadrennial bitcoin halving is about 12 hours away with fewer than 75 blocks left to mine before the event. As of Friday morning, there are fewer than 75 blocks to mine before the next halving. Mempool.space tracks block mining activity for the bitcoin network, and it's a handy tool for those interested in just when the halving occurs.
These influences include rising geopolitical tensions, higher interest rates for longer, reflation and ballooning national debts, the report said.