The Bitcoin Network has officially completed its 4th Halving at the block number 840,000, reducing the rewards earned by miners from 6.250 to 3.125 BTCs. Following the 3rd Halving, Bitcoin’s price initially saw a decent rise, but it later surged from around $9K to an all-time high of $64,863 in April 2021, a jump of 620% to its value.