#bitcoin halving
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The law of supply and demand has a direct impact on the price of cryptoactives, especially Bitcoin.

Every four years, there is an event capable of changing this dynamic and influencing the value of the world's first and most important digital currency.

Do you know which one it is?

Well come on, this is called bitcoin halving. In 2024, the bitcoin halving should happen for the fourth time. Understand, below, how it works and how it impacts the price of virtual currency.

Halving means "to halve" in English. In bitcoin halving, cryptocurrency production is cut in half whenever 210,000 bitcoins are mined. This happens approximately every four years.
It may seem confusing to limit the production of a decentralized digital currency, which is not regulated by any financial institution or central bank. But that is precisely why this process happens.
When bitcoin was created, halving was written into its algorithm as a way to control the asset's inflation – which differentiates it from common currencies, which can be issued infinitely.

Halving means "to halve" in English. In bitcoin halving, cryptocurrency production is cut in half whenever 210,000 bitcoins are mined. This happens approximately every four years.

Since 2008, when bitcoin was created, there have been three cuts:
On November 28, 2012, when the production of new bitcoins dropped from 7,200 to 3,600 bitcoins per day.

On July 9, 2016, the daily limit became 1,800.

On May 11, 2020, when only 900 bitcoins started to be mined per day.

This makes it more contested, but don't forget that there are other factors that affect the rise or fall of the asset.

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