Bitcoin Halving Reduces Supply, Impacting Miners

The recent Bitcoin "halving" event, occurring every four years, has cut the mining reward in half, affecting companies that validate transactions. This adjustment, predetermined by Bitcoin's code, aims to maintain a total supply cap of 21 million Bitcoin, preventing inflation. As a result, miners now receive 450 Bitcoin daily instead of 900. While some anticipate positive market effects due to decreased token supply amidst rising demand, analysts suggest the event was largely anticipated and already factored into the market, limiting significant price movements.







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