Understanding Bitcoin Halving: A Catalyst for Market Movement
As the cryptocurrency world braces itself for another significant event, the spotlight shines on Bitcoin Halving, a phenomenon that experts say could be a driving force behind the BTC price rallies. With the upcoming Halving event expected in the early-to-mid part of 2024, anticipation grows within the crypto community. This event, which last took place on May 11, 2020, reduces the block reward for miners by half, from 6.25 BTC to 3.125 BTC, potentially influencing Bitcoin's market value and its appeal to investors.
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