Andrea Alms Video:  Money In Motion 106 - DNA Repair Drug Market

TRANSCRIPT Hello, my name is Andrea Alms. I am technology investor, financial manager and this is your money in motion. The much anticipated Bitcoin heavy event has come and gone quietly making a historic moment in the world of digital assets. On April 19th, 2024, the block reward for Bitcoin miners was reduced by half from 6.25 BTC per mine block to 3.125 BTC per mined block.

However, you wouldn't know it from the lack of fanfare. No bells were wrong, no fireworks lit up the sky, and the price of Bitcoin remained relatively stable at around 64,000 U.S. dollars on April 19th, 2024 marks the fourth Bitcoin having event. So what happened? The immediate impact of the having is felt primarily by Bitcoin miners, who see their block reward cut in half effectively altering their profitability and potentially leading to changes in the cryptocurrency mining industry. After this most recent heavy, the reward for mining a bit, a block of their coin decreased again, from 6.25 BTC per block to 3.125 BTC per block, as the rate at which new bitcoins entered circulation is reduced by 50%, the asset becomes increasingly rare. This built in deflationary mechanism creates potential long term upward pressures on Bitcoin pricing. However, the relationship between having events and price appreciation is not straightforward.

It can be influenced by various market factors, according to Megan, stalls at trading platform stake, Bitcoin trading volume generally sees the most significant increase in the 60 days prior to have it. As interest builds and price gains momentum. Is the Bitcoin more volatile now? Yes. As the market adjusts to the new supply dynamics and miners adapt to the reduced block reward, investors should expect heightened volatility in the coming weeks and months.

This volatility can present both opportunities and risk. While the market finds its new equilibrium, the potential investors should be prepared for this. Volatility was a well thought out investment strategy. What is the next heading event? The next heavy event is expected to occur in 2028, when the total number of my Bitcoin block reaches 1,050,000. As each having event reduces the block reward by half, the supply of new bitcoins entry circulation will continue to decrease over time.

This built in mechanism designed to ultimately lead to higher prices as demand grows while supply diminishes. Note the relationship between having events and Bitcoin prices is complicated. While significant prices have followed previous halvings, the Bitcoin market is subject to various factors, including regulatory changes, macroeconomic conditions, and increased level of adoption, particularly following the approval of spot Bitcoin ETFs in the United States.

Thank you. This is your money. Your money in motion.