One of the most eagerly awaited cryptocurrency events is the halving of #Bitcoin (BTC), which has the potential to boost the price of the first #digital asset to record highs. In fact, prior #halvings helped Bitcoin reach record valuations in part, and the next 2024 occurrence is expected to have a similar effect.

Although the price of Bitcoin and the entire #cryptocurrency market may rise due to the halving, some miners are expected to lose their jobs as a result of the event.