Bitcoin ‘halving’ is just around the corner. What is its impact on the price of cryptocurrency? Could it shoot to 100 thousand dollars? – Executive Digest

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The world of cryptocurrencies is busy as the long-awaited Bitcoin halving is expected to take place between today and tomorrow. This event, which occurs approximately every four years, is considered one of the most important on the Bitcoin calendar, directly impacting its supply and demand.

“Halving” occurs every four years, when the amount of Bitcoins offered as a reward to miners is halved. This maintains a cap on the supply of Bitcoin and is often a factor behind a new rally.

With the next halving approaching, the reward for solving complex puzzles will increase from 6.25 bitcoins to 3.125 bitcoins.

Experts are divided on the immediate impact of the halving on the price of Bitcoin. Although it has historically been associated with increases in the value of cryptocurrency, the process is gradual and may take some time to fully manifest itself in the market. However, many analysts predict that Bitcoin could reach the historic mark of 100 thousand dollars in exchange rate, representing a significant increase compared to current values.

In addition to the halving, other factors are driving interest in Bitcoin. Supply shortages are a key factor, with long-term holders keeping the majority of Bitcoins out of circulation. At the same time, demand is increasing, with large institutional investors entering the market through new Bitcoin ETFs and other financial instruments.

Although the halving is an expected event, investors are paying attention to market developments. While some expect a rapid increase in prices, others expect a more gradual evolution.