Halving Intermediate
The Bitcoin halving is a scheduled event, about every four years, that cuts the reward miners earn per block in half.
By slowing the pace of new supply, it reinforces Bitcoin’s 21-million cap. Halvings draw a lot of attention because they reduce fresh supply, though their effect on price is debated and never a sure thing.
This definition is educational and not financial advice. Crypto is volatile and high-risk — always do your own research.