Halving Overview
The fourth Bitcoin halving has happened, reducing the rewards miners get for each block they mine from 6.25 BTC to 3.125 BTC. This means miners will make less money, potentially losing billions of dollars.
Impact on Bitcoin
The halving is designed to make Bitcoin more scarce, which could drive up its value. Experts predict it could reach $1 million this year, $237,000, or even $250,000 by 2025.
Impact on the Crypto Market
After the halving, Bitcoin may take time to settle, while altcoins like XRP, Cardano, and Ethereum could see a surge in value. Projects in the DePIN and RWA sectors are also worth watching.
Key Points:
- Bitcoin halving reduces miner rewards.
- Halving could increase Bitcoin’s value.
- Altcoins may benefit from Bitcoin’s consolidation.
- DePIN and RWA projects may see growth.
