Bitcoin Halving Triggers New Bull Run as Supply Shock Takes Effect

Bitcoin’s fourth halving event has reduced the mining reward from 6.25 to 3.125 BTC per block, cutting new Bitcoin issuance in half. Historically a catalyst for bull markets, this supply shock comes amid growing adoption in emerging markets facing currency instability. El Salvador’s Bitcoin experiment has shown promising results, with remittance costs dropping significantly and tourism increasing. Meanwhile, several multinational corporations have added Bitcoin to their treasury strategies as a hedge against inflation, further reducing available supply on exchanges.