The next Bitcoin halving is expected to occur in May 2024. During this event, the rewards that miners receive for validating transactions on the Bitcoin network will be cut in half, leading to a decrease in the rate at which new coins are generated. This is a programmed event that happens roughly every four years and is designed to control the supply of Bitcoin and ensure its scarcity. Previous halvings have historically been associated with an increase in the price of Bitcoin as the reduced supply leads to increased demand. However, it is important to note that past performance is not indicative of future results, and the price of Bitcoin can be influenced by a variety of factors.
