Guide on Bitcoin Halving and why it matters
Bitcoin halving is a significant event that occurs approximately every four years, reducing the reward miners receive for validating transactions on the Bitcoin network. This scarcity mechanism helps control inflation and contributes to Bitcoin's value proposition as a deflationary asset. The halving is crucial as it impacts the supply and demand dynamics of Bitcoin, often leading to increased price volatility following the event. Understanding the Bitcoin halving is essential for investors and enthusiasts to grasp the fundamental principles that underpin Bitcoin's value and its long-term impact on the cryptocurrency market.
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