When is the 2024 Bitcoin Halving?
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The 2024 Bitcoin halving will likely occur in April 2024. There is a small chance it will happen in either March or May, however. The halving is a scheduled event that will see the block reward for Bitcoin miners decrease from 6.25 BTC to 3.125 BTC. This means that the number of new bitcoins entering circulation will be cut in half. The halving is designed to control inflation and ensure that Bitcoin remains a scarce asset.
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The upcoming halving is eagerly anticipated by the Bitcoin community. Some analysts believe that it will lead to a significant increase in the price of Bitcoin. This is because the halving will reduce the supply of new bitcoins, which could increase demand and drive up the price. Others argue that the price of Bitcoin is more likely to remain stable or even decline after the halving. This is because the halving is a known event that has been priced into the market.
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