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P1nacle23
@p1nacle23
Bitcoin halving is looming, set to occur around May 13th. This event halves the reward for mining a block from 6.25 BTC to 3.125 BTC. While it reduces miner income, it also decreases the supply of new Bitcoin, potentially boosting prices. Historically, halvings have led to significant market rallies as the reduced supply meets steady demand. Investors and miners alike should prepare for this pivotal shift in Bitcoin's economic landscape.
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