🔔 Ahead of the Bitcoin (BTC) halving, which is expected in 4 days, many analysts suggest that this event could affect the cryptocurrency's status as a store of value.
• At the time of publication, about 630 blocks remained to be mined before the Bitcoin halving, which will take place on April 19.
• In 2024, the price of BTC reached an all-time high of over $73,000, and the US Securities and Exchange Commission approved the listing and trading of Bitcoin exchange-traded funds on exchanges.
• The event will roughly halve Bitcoin inflation, from 1.7% to 0.85%, reducing the new supply of the cryptocurrency and possibly increasing its price if demand remains stable or increases.
Historically, all BTC halving events have ultimately resulted in higher prices.