Halving

A halving is a programmed event in certain cryptocurrencies where the reward that miners receive for adding new blocks is cut in half. Bitcoin's halving occurs approximately every four years (every 210,000 blocks), reducing the rate at which new coins enter circulation. This mechanism creates increasing scarcity over time and is a core part of Bitcoin's monetary policy. Historically, Bitcoin halvings have preceded significant price increases, though past performance does not guarantee future results.