##bitcoinHalving bitcoin ā what to expect from the main event in the crypt?
Halving is an event embedded in the blockchain protocol, after which the reward for mining is reduced by 2 times. Halving takes place every 4 years.
The next halving is expected to take place on April 20. After that, the reward of miners for the block of transactions added to the blockchain will be reduced from 6.25 to 3.125
$BTC . That is, mining will become less profitable (but this is not accurate).
How halving will affect the price of the crypt
Historically, there has been growth in the crypto market after halving. For example, in 2012, bitcoin rose in price by 8000% in the year after halving.
And after the previous halving in 2020, a bullish trend followed ā then bitcoin reached a historic high of $ 69 thousand.
Based on this information, most people expect growth in the market. Historically, miners have not lost revenue even after reducing the block reward ā just because of the price increase of
$BTC .
Will there be growth in the NFT market after halving?
Usually, liquidity in the market works like this: first, everyone (including whales) buys bitcoin and makes money on it, then liquidity flows from bitcoin into altcoins, NFT, P2E and other areas.
If you believe the theory that after halving we will see new amazing prices for
$BTC , this should attract even more people to the market. The major media will start writing headlines about bitcoin for $100,000 again, and hamsters will take loans to enter the market.
This means that not only memcoins like $DOGE will be fired, but also NFT. Moreover, there will be many times more new collections on the market, as well as stories in the spirit of "mom's friend's son earned $ 2 million on NFT."
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