With the Bitcoin Halving event expected to happen in a few hours, the crypto market is buzzing with anticipation, driving a surge in major cryptocurrency prices. Scheduled approximately every four years, this event has significant implications for both the crypto and broader financial markets. Now, as miners brace for reduced rewards, investors eagerly await potential price surges.
So, here’s a comprehensive look at what to expect as the countdown to the Bitcoin Halving begins.
What Is Bitcoin Halving & Why Is It Important?
Bitcoin halving, a significant event in the cryptocurrency world, is set to occur around late Friday, April 19, or early Saturday, April 20. In short, this event, which happens approximately every four years, entails cutting Bitcoin rewards to miners in half.
Created by Bitcoin creator Satoshi Nakamoto, Bitcoin halving is programmed to reduce miner rewards by half after every 210,000 blocks are mined. With the upcoming halving being the fourth,
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