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Bitcoin (BTC) is the first and most well-known cryptocurrency. It operates on a decentralized technology called blockchain.
Currently (May 13, 2025), the price of Bitcoin is around 385,269.19 Saudi Riyal.
A key event for Bitcoin is the halving, which occurs approximately every four years and reduces the reward for mining new blocks by 50%. The most recent halving took place on April 20, 2024, reducing the block reward to 3.125 BTC. This mechanism is designed to control inflation by limit