The focus of the crypto space in 2024 will be largely focused on the Bitcoin halving event. The Bitcoin halving will lead to a halving of production and an increase in mining difficulty, which is to control the supply of Bitcoin and maintain its value stability. The next Bitcoin halving is expected to take place in April 2024, and the block reward will be reduced from 6.25 BTC to 3.125 BTC when the block height reaches 840,000. Some experts predict that the value of bitcoin could reach $300,000 by the end of 2024.

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