outcasts

Bitcoin's halving event reduces the reward miners receive for each block, cutting it in half. This typically leads to increased mining difficulty as miners drop out or invest in more efficient hardware. Economically, it can stabilize Bitcoin's price by reducing the supply of new coins entering the market, potentially leading to higher demand as the scarcity increases. Investors and traders often brace for volatility around halving, seeing it as a critical juncture in Bitcoin's lifecycle.