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Bitcoin Halving 2028: Progress Update and Market Impact

Discover the latest progress toward the 2028 Bitcoin halving, its significance, and how it's influencing investor sentiment and market dynamics.
Published on 2025-04-16

Bitcoin Halving: A Key Event in Crypto

The Bitcoin halving is a pre-programmed event occurring every four years, or after every 210,000 blocks are mined. This event reduces the block reward for mining Bitcoin by half, impacting the cryptocurrency's supply dynamics.

Historical Halving Events

Bitcoin has undergone four halving events since its launch in 2009:

  • 2012: Reward dropped from 50 BTC to 25 BTC.
  • 2016: Reduced to 12.5 BTC.
  • 2020: Halved to 6.25 BTC.
  • 2024: Cut to 3.125 BTC at block height 840,000.

Countdown to the 2028 Halving

The next Bitcoin halving is projected to occur around March or April 2028, based on block height 1,050,000. Currently, the progress toward this event has reached 25.05%, sparking discussions among investors about its potential impact on the market.

Market Reaction and Speculation

Bitcoin's price, at $84,029 as of the latest update, reflects the community's anticipation. The halving is expected to reduce supply growth, potentially increasing Bitcoin's value. Investors are closely watching this milestone, as past halvings have historically led to significant price increases.

The 2028 halving is not just a technical event but a catalyst for market sentiment and investment strategies. Stay tuned as the crypto community prepares for this pivotal moment in Bitcoin's history.

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