Everyone is talking about it what is Bitcoin halving ?
The Bitcoin BTC halving, occurring approximately every four years, halves the reward given to miners for adding new blocks to the blockchain. It's a crucial event programmed into the Bitcoin protocol to control inflation by reducing the rate of new Bitcoin creation. This impacts the supply of Bitcoin and indirectly influences the market by potentially prompting changes in miner behavior and broader crypto interest, particularly during economic uncertainty. The recent halving in May 2020 coincided with the start of a bull market, and the upcoming halving, expected next month, could similarly affect the market. Stay tuned for updates on this significant event in the crypto space.
#BitcoinHalvingMagic #Bitcoin(BTC) #tradebtc #TradingWin #crptoinsights