Overview
- Bitcoin's block subsidy halved on April 19, 2024, reducing new BTC production and potentially increasing scarcity.
- Miner revenues remained stable post-halving, supported by high transaction fees despite the subsidy cut.
- Bitcoin's inflation rate now lower than gold, enhancing its appeal as a 'digital gold'.
- The approval of spot Bitcoin ETFs is expected to significantly boost demand and possibly drive up prices.
- Historical data suggests substantial price increases following halving events, though future gains may be more muted.