Understanding Bitcoin's Halving
Bitcoin's halving events are pivotal moments in its lifecycle, with the most recent halving occurring in April 2024. This process halves the rewards miners receive, thereby reducing the number of new Bitcoins entering circulation. This halving is part of Bitcoin's monetary policy designed to control inflation. Historically, Bitcoin prices have often surged by over 100% during halving years, and have delivered an average return of 350% in the years following a halving. This could spell significant future gains for investors if historical patterns hold.
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