According to coindex,
https://www.coindesk.com/bitcoin-halving-explainerBitcoin halving is an antcipated event in the cryptocurrency world that takes place every 4 years. Basically halving the total amount of Bitcoin in circulation.
Is this real or just a theory? Taking into consideration that people are falling back to cryptocurrency during this hard time in the world.
Share your thoughts!
Actually it's not the total amount of bitcoins it is the total amount of newly minted bitcoins that will be halved. As of now the total amount of bitcoins mined per block are 12.5 and after block halving every newly minted block will reward the miner with 6.25 bitcoins as a reward. So you are half correct in saying the circulation of bitcoins will be halved.
Also this is a historic event that is speculated to take bitcoins price higher as the same happened in the past but a few weeks after the bitcoins block reward halving.