Bitcoin halving is a built in event that happens roughly every four years. It cuts the reward miners get for adding new blocks to the Bitcoin blockchain in half. This means fewer new Bitcoins are created, which reduces supply and can impact the price. The idea is to control inflation, making Bitcoin more scarce over time kind of like gold.

The next Bitcoin halving is expected in April 2028, following the last one in April 2024. During the 2024 halving, the block reward dropped from 6.25 BTC to 3.125 BTC.

This event doesn't just affect $BTC . Coins like Litecoin $LTC also have halving mechanisms, which work similarly and can influence market trends.

Traders and investors usually keep a close eye on halving events, as they often bring big changes in price and interest across the crypto market.