The Main Catalysts of the Bitcoin Price Rise in Each Halving

Bitcoin, the pioneering and market-leading cryptocurrency, has seen meteoric growth since its creation in 2009. Its value has increased significantly over the years, and one of the key events that has driven its price rise is the halving. , a phenomenon that occurs approximately every four years. In this article, we will explore the main catalysts that have influenced the rise in Bitcoin price in each of its halvings.

Bitcoin uses a scheduled issuance mechanism to ensure its scarcity and prevent uncontrolled inflation. Every 210,000 blocks mined, approximately every four years, an event called a "halving" occurs. In a halving, the miners' reward is halved, meaning fewer new bitcoins are generated. This reduction in the rate of creation of new coins is one of the main factors behind the rise in Bitcoin price.