#BTC breaks $70K, new all time high coming? Bitcoin halving and its impact on the crypto market.
Bitcoin halving is a significant event in the cryptocurrency world. It occurs approximately every four years and involves reducing the number of new Bitcoins issued to miners by half. This process helps maintain the scarcity and control the inflation of Bitcoin.
As for its impact on the market, opinions vary among experts and enthusiasts. Some believe that Bitcoin halving can lead to an increase in its value. The reduction in supply combined with the ongoing demand for Bitcoin could create a bulli