When will Bitcoin experience another halving event?

1 answers

• Morgan NilssonNov 19, 2023 · 2 years ago
  According to the Bitcoin protocol, the next halving event is expected to happen in May 2024. This event occurs every 210,000 blocks, which roughly translates to every four years. The halving event is an important mechanism that helps maintain the scarcity of Bitcoin and control its inflation. By reducing the block reward, the event puts upward pressure on the price of Bitcoin, as the supply of new coins entering the market decreases. This has historically led to significant price increases in the months following the halving event. However, it's important to note that the cryptocurrency market is highly speculative and subject to various factors, so it's always recommended to do thorough research and consult with a financial advisor before making any investment decisions.
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