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Bitcoin's 4th halving done: A new rally or already priced in?
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Crypto Catalysts: When Is the Bitcoin Halving in 2024?

Crypto Catalysts: When Is the Bitcoin Halving in 2024?
For months, investors have been marking their calendars for April 28, 2024, the date originally expected to be the next Bitcoin halving. Now, it seems that the important day may have been moved up. Coindesk reports that “the halving is currently looking likely to fall around April 15, according to Nicehash’s countdown.”
Per Coindesk, the crypto’s recent price surge has drawn more miners, causing the network to speed up in the process.
This would be in keeping with history, as the previous halving also happened earlier than expected. But a different date doesn’t mean that this next halving is any less significant for crypto prices. InvestorPlace contributor Joel Baglole notes:
“Bitcoin was designed to cap the total supply ever to exist at 21 million tokens. To date, 19 million Bitcoin have been mined and released into circulation. A halving event occurs once every four years in order to slow the rate at which new Bitcoin comes into circulation, as well as cut the rewards given to cryptocurrency miners by 50%. The price of BTC has risen sharply after previous halving events. Since the last halving event in 2020, BTC-USD’s price has increased nearly 600%.”
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