The Bitcoin Halving does not have an immediate effect on the price of the currency.

If you are eager for any change in price, don't be.

It won't change overnight.

It will have an immediate effect on the generation of new crypts.

The generation of Bitcoin is 6.25 Bitcoins per reward block for miners.

And this reward will be halved to 50%, meaning 6.25/2 = 3.125 BTC per block.

The value of Bitcoin depends solely on people trading the asset on exchanges, peer-to-peer, and freely in the market.

Generally, when the Halving occurs, the value does not tend to change, there is no immediate trend of anything.

Now, for the miner, yes, their reward will be reduced from 6 to 3, and in 4 years, the same event will occur, until the possible year of 2140.

So, if you are eager for any change in price, don't be.

It won't change overnight.

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