Bitcoin, the world’s largest cryptocurrency by market cap, is in the holding pattern of the halving countdown, due to take place in May. Bitcoin is often compared to gold; sometimes even referred to as Digital Gold. The comparison is because the digital currency has a limited supply, unlike fiat currency. As soon as 21 million bitcoins have been produced, the network will stop producing more.

The upcoming bitcoin halving will further stretch Bitcoin’s limited supply; yet how will this impact the market, and the effect the bitcoin halving will have on altcoins remains to be seen.

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