Supply Squeeze
Bitcoin is like digital gold. To keep it scarce and valuable, the number of new Bitcoins released is cut in half every four years. This is called a “halving.” It’s like reducing the gold supply to make it more precious.
Reward Reduction
Miners who help verify Bitcoin transactions get paid in Bitcoins. On April 20th, their reward will be cut from 6.25 BTC to 3.125 BTC.
History’s Lesson
Past halvings have led to big price increases for Bitcoin. But analysts warn that this time may be different due to rising interest rates and inflation.
Global Interest
People worldwide are searching for “Bitcoin halving” more than ever. Countries like Cyprus, Nigeria, and Switzerland are showing the most interest.
Beyond the Hype
The halving is a test of Bitcoin’s core principles and a reminder of its potential to change the way we think about money.
