Bitcoin Halving: Why It Matters


  • 4 months ago
  • Wrapped Bitcoin
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Every four years, the cryptocurrency world buzzes with anticipation for the Bitcoin Halving event. But what makes it so important? Imagine Bitcoin as digital gold, with a supply cap of 21 million coins. During Halving, the rewards for miners are cut in half, slowing the flow of new Bitcoins and creating scarcity. This process is similar to precious commodities, sparking a deflationary effect. Historically, these events have often led to a surge in Bitcoin?s price due to the reduced supply and heightened demand. As Bitcoin approaches its supply limit, Halvings become essential in maintaining its value, marking pivotal moments for... \n
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