Today’s newsletter centers around Bitcoin’s fourth halving is set to occur tomorrow. There has been plenty of coverage and price predictions.provides a straightforward explanation of how the Bitcoin halving works, why it matters, and how it could potentially impact bitcoin’s price. Then,
For every 210,000 blocks mined, the mining rewards available are reduced or halved. This occurs approximately every four years. After this upcoming halving, the fourth in the blockchain's 15-year history, a miner will receive 3.125 BTC for verifying a block, instead of 6.25 BTC. This will reduce the new BTC daily supply to about 450 BTC.volumes, we see a daily volume range of around $30 billion.
A much larger influence on the price of bitcoin will be the ETF flows, as these have the potential to change depending on sentiment dramatically. These flows can easily outstrip the reduction in supply from the halving.We see the halving making a much larger impact on miners than the bitcoin price.
Q. How does the bitcoin halving affect the supply of bitcoin, and what impact does this have on its price?
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