$BTC $BNB WHAT IS BITCOIN HALVING?

Halving is an event programmed into the Bitcoin protocol that occurs approximately every four years, or after every 210,000 blocks are mined. #bitcoinhalving

During a halving, the reward that miners receive for confirming transactions and adding them to the blockchain is cut in half. This reduction in the block reward decreases the rate at which new bitcoins are created, ultimately leading to a capped supply of 21 million bitcoins. #write2earn🌐💹

The purpose of the halving is to control inflation and mimic the scarcity of precious metals like gold. #BullorBear As a result, halving events often generate significant attention and anticipation within the Bitcoin community, as they can impact the supply-and-demand dynamics of the CryptoCurrency, potentially affecting its price and market dynamics. #BinanceLaunchpool