Bitcoin Price Nears All-Time High Ahead of Major Halving Event That Could Further Boost Value

• Bitcoin's price has surged 40% this year to over $62,000, nearing its all-time high thanks partly to new spot BTC ETFs in the U.S.

• An upcoming technical event called "halving" will cut the mining reward from 6.25 to 3.125 bitcoin in April.

• Halving happens every 4 years to control bitcoin supply and prevent inflation.

• Previous halvings brought huge price jumps afterward.

• Halving cuts the new supply to mimic scarce resources like gold; only 21 million bitcoin will ever exist.