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Bitcoin halving is here! Every 210,000 blocks, the reward for mining a block halves. This time, it drops from 6.25 BTC to 3.125 BTC. With the total BTC supply capped at 21 million, diminishing rewards incentivize miners to upgrade and become more efficient. Economically, it could stabilize the price by reducing the supply of new BTC. Market dynamics shift as demand meets this reduced supply. Stay tuned for how this sweet treat of scarcity impacts the crypto landscape!
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