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Bitcoin's Fourth Halving Event Triggers Market Optimism and Miner Adaptation

The recent halving has reduced Bitcoin's block subsidy by 50%, sparking interest due to lower inflation rates and stable miner revenues.

  • Bitcoin's block subsidy halved on April 19, 2024, reducing new BTC production and potentially increasing scarcity.
  • Miner revenues remained stable post-halving, supported by high transaction fees despite the subsidy cut.
  • Bitcoin's inflation rate now lower than gold, enhancing its appeal as a 'digital gold'.
  • The approval of spot Bitcoin ETFs is expected to significantly boost demand and possibly drive up prices.
  • Historical data suggests substantial price increases following halving events, though future gains may be more muted.
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