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MOSCOW, February 26. /TASS/. The price of Bitcoin gained 3.16% during the trading session on Monday and reached $53,145, according to CoinDesk portal trading data.

In the dynamic world of cryptocurrencies, the Bitcoin halving event stands out as a pivotal moment, drawing attention from enthusiasts and investors alike. Scheduled to occur in April this year, this event is expected to halve the block rewards for miners, significantly impacting Bitcoin’s valuation and its role in the broader digital asset landscape.

The U.S. dollar was on track to record its first weekly fall in 2024 on Friday, as investors took a breather after almost two months of rises built on subsiding expectations for future Federal Reserve rate cuts.