How the ‘Halving’ Could Impact Bitcoin

The new entrants coming into Bitcoin via the recently launched ETF and prices bounce back up towards $50,000, it’s a good time to dig a bit into the Bitcoin halving, as we’re expected to go into another halving event in mid-April. The Bitcoin halving cycle refers to the recurring event that reduces the blockchain rewards paid in bitcoin and given to miners for validating transactions and creating new blocks on the blockchain. This reduction occurs approximately every four years, specifically when the number of total blocks on the Bitcoin blockchain reaches a certain threshold, currently set at 210,000 blocks.