Bitcoin Halving 2028 Is Now 50% Complete
Summary
The Bitcoin network is officially halfway through its current halving cycle, which began in April 2024. With approximately 105,000 blocks remaining, the block reward is set to decrease from 3.125 BTC to 1.5625 BTC by April 2028. This predictable reduction in supply, hardcoded into the Bitcoin protocol, remains a cornerstone of the asset's scarcity model, especially as over 98% of all Bitcoin is expected to be mined by 2030.
Unlike previous cycles, this period is significantly influenced by substantial institutional demand. The growth of spot Bitcoin ETFs and aggressive accumulation by entities like MicroStrategy have created a new structural dynamic, where institutional holdings frequently exceed the rate of new mining issuance. While miners face reduced revenue, the market remains focused on how this supply squeeze, combined with institutional interest, will impact future price performance.
(Source:BeInCrypto)