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$BTC The Bitcoin halving is a pre-programmed event that occurs roughly every four years, reducing the rate at which new Bitcoin is created. This mechanism is designed to control the supply of Bitcoin, making it a deflationary asset over time. When a halving happens, the reward for mining new blocks is cut in half. Historically, halvings have been significant events in the cryptocurrency market, often associated with increased price volatility and renewed investor interest due to the reduced supply growth. The next halving will further constrain the issuance of new Bitcoin, reinforcing its scarcity.
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