Upcoming 2024 Bitcoin halving will be a closely

The current block reward of 6.25 BTC per block mined will decrease to 3.125 BTC

[{"selector":"#anim-f2628182-2941-4698-a009-b163ca20054e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.92503326481605%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Bitcoin halvings take place approximately every 4 years, or more precisely

[{"selector":"#anim-16c8ec04-6303-4fce-9174-8a26789d2e8e [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.287202267403853%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

every 210,000 blocks

[{"selector":"#anim-ce1db7d6-1197-461a-8190-0342f19eb649 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-29.63534903391351%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Halvings are programmed into Bitcoin's code and will continue occurring until around the year 2140

[{"selector":"#anim-ac303dba-df22-47ba-9ec1-c5c9538491da [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

when the maximum supply of 21 million BTC is reached

[{"selector":"#anim-d12f2846-875b-4b66-84f3-1d6309721298 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.287202267403853%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Bitcoin halvings have been associated with increases in Bitcoin's price

[{"selector":"#anim-66ae7c36-8bd8-4b57-b163-398bbe6d8cc3 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(0%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}]

both leading up to and following the halving events

[{"selector":"#anim-7f53b8c7-2512-4971-9535-663d2bdf9753 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

The reduction in new BTC supply is seen as a catalyst for price appreciation

[{"selector":"#anim-06a38ef6-1085-407a-bace-a06c610b53ba [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-31.287202267403853%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

assuming demand remains constant or increases

[{"selector":"#anim-11f9576c-73fe-49b2-94d4-ecb1607de1f4 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]