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On April 20, 2024, Bitcoin is expected to perform its fourth halving at block 840,000. Following this, the Bitcoin block reward will decrease from 6.25 to 3.125 BTC. As a result, Bitcoin's annualized issuance rate will fall from 1.7% to about 0.85%. A total of 93.7% of the total Bitcoin supply will be in circulation at the time of the event. These facts demonstrate that Bitcoin's monetary policy is fixed, and each halving confirms its lifespan once more.
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