🔢 Crypto basics | Bitcoin supply and halving
· What happened: In April 2024, Bitcoin underwent its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC.
· Why it matters: The halving cuts the amount of new bitcoin produced with each block. The amount already mined does not decrease.
· A reminder: Be skeptical of claims that a halving signals a price rise. There are few historical examples to draw on, and many other factors affect the market.
$BTC 82590(+0.86%)
#BTC
This is not a recommendation to buy or sell in any form. You are responsible for your own gains and losses.
· What happened: In April 2024, Bitcoin underwent its fourth halving at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC.
· Why it matters: The halving cuts the amount of new bitcoin produced with each block. The amount already mined does not decrease.
· A reminder: Be skeptical of claims that a halving signals a price rise. There are few historical examples to draw on, and many other factors affect the market.
$BTC 82590(+0.86%)
#BTC
This is not a recommendation to buy or sell in any form. You are responsible for your own gains and losses.