Bitcoin is a digital currency that undergoes a process of halving every four years. Once a halving event occurs, the reward for mining a new BTC drops by 50%.
Four years ago, the market responded positively to this occurrence, and Bitcoin gained significant value. That’s the expected reaction, considering that halving affirms BTC’s value and adds to its scarcity. Investors are often active and buy Bitcoin with credit card around this event to capitalize on price growth.
The latest BTC halving occurred on April 19, 2024. What can we expect in the following days, months, or years?
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Key Moments During This Halving
First, let’s check out the key facts and then analyze the halving:
Bitcoin halving occurs every 210,000 blocks, so the event happens approximately every four years.
Halving has the goal of restricting BTC’s supply and decreasing the rate at which the new coins are mined.
Bitcoin has a max supply of 21 million coins. The estimation is that th
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