$BTC
Bitcoin halving is an event that occurs approximately every four years (or every 210,000 blocks). During this event, the reward for a block that miners receive for validating transactions is cut in half. This process reduces the rate at which new bitcoins are created, making BTC more scarce over time.
Key points about Bitcoin halving:
Next halving date: expected in April 2024.
Current block reward (after the 2020 halving): 6.25 BTC per block.
New block reward after the 2024 halving: 3.125 BTC per block.
Goal: Control inflation and increase the scarcity of Bitcoin, often impacting its price.
Bitcoin halvings have historically led to price increases due to reduced supply. Would you like information on how the next halving may affect the price of BTC?
