With Bitcoin’s latest halving estimated to occur around 9 p.m. ET today — when the miners’ block subsidy reward gets cut from 6.25 BTC to 3.125 BTC — we asked several firms in the industry what impact it could have on bitcoin’s price action.

Bitcoin halvings (or as some call them, "halvenings") have been associated with significant fluctuations in the cryptocurrency's price. While not a direct cause-and-effect relationship, these events have often preceded substantial bull runs in the bitcoin market. 

“Historically, bitcoin has experienced notable price increases in the six months following each halving event. In fact, bitcoin reached new all-time highs in each four-year period between the previous halving events,” Binance CEO …