Bitcoin is inching closer to its next significant milestone – a halving event scheduled for April 2028, representing 35% of the total journey. This historical marker promises a ripple effect across the cryptocurrency landscape, impacting miner revenue and market dynamics. 3.125 BTC block rewards will be cut in half, affecting miners directly. Analysis reveals a pattern of post-halving bull runs, offering insights into potential future price movements. 35% progress signifies a critical juncture in Bitcoin’s established four-year cycle. Key figures like Pieter Wuille and the core development team are crucial for implementing these changes. The halving process will reduce block rewards from 3.125 BTC to 1.5625 BTC, impacting miners immediately. This reduction might trigger shifts in revenue streams as miners turn towards transaction fees. On-chain data suggests potential liquidity tightening post-halving, influencing market dynamics and prices. Historical trends suggest a strong correlation between halvings and subsequent bull runs. Industry leaders like Arthur Hayes and Raoul Pal highlight the role of scarcity in driving future cycles, while institutional flows through ETFs are expected to play a significant role. Historical events reveal heightened market activity following halvings, particularly impacting both Bitcoin (BTC) and other cryptocurrencies (altcoins). Read the original article on tokentopnews.com for further insights.