Bitcoin halving

The Bitcoin network recently went through its fourth halving, a significant event that halved the rewards provided to miners.

Amid the turbulent market, a cryptocurrency expert and trader known as Rekt Capital has sounded the alarm on Bitcoin (BTC), warning investors of an ongoing correction.

Bitcoin's halving—an event that occurs every 210,000 blocks, or roughly every four years—causes miners' mining rewards to be cut in half.

During the year, investors increasingly turned to gold and Bitcoin as their primary investment options, seeking refuge in uncertain economic conditions.

In about 10 days, the Bitcoin community is gearing up for the long-awaited halving event, a process that will reduce the mining reward per block from 6.25 to 3.125 BTC.

One of the most anticipated events of the year – the upcoming Bitcoin (BTC) halving event – ​​is now just days away, causing excitement in the cryptocurrency world.

With Bitcoin's halving looming in just 11 days, speculation is growing about its potential impact on Bitcoin's price.

After the recent dip to $65,500 earlier this week, Bitcoin (BTC) has shown resilience and has once again approached the $67,000 mark.

Anticipation is building for what could turn out to be a hugely significant Bitcoin halving event, as indicated in a recent statement by Bitwise CEO Hunter Horsley.

As Bitcoin's much-anticipated halving event approaches, the cryptocurrency market is abuzz with speculation about which coins could rise to new all-time highs (ATHs) after this milestone.