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Halving: rare event has already caused Bitcoin to rise 8,000%; what to expect for 2024?

Number of Bitcoins created per day will drop from 900 to 450; change happens every four years and the next one is in April

A halving is a scheduled update to Bitcoin's immutable code that occurs every four years. The next one, expected for the end of April, possibly on 04/21, will be the fourth in Bitcoin's brief history. Historically, cryptocurrency rises before and after the upgrade.

Halving was included in the Bitcoin program by the mysterious Satoshi Nakamoto as a way to control inflation and limit the supply of the digital currency. The asset was constructed to be scarce, like a natural resource or precious metal, unlike a fiat currency.