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Bitcoin Halving: A Game-Changer for the Market

时间:2024-02-17|浏览:252

Hold on to your bargaining chips and don’t mess around casually. Currently, grayscale shipments and institutional fund-raising are almost the same, and the impact will not be too great. If the pie is given the opportunity to be low, it will continue to buy low to cover its positions. In April, the pie will be halved. Then the Federal Reserve will cut interest rates, and a big market is on the way.The Bitcoin halving will reduce the rate at which new Bitcoins are generated by 50%, essentially creating scarcity for Bitcoin and further reinforcing the narrative of Bitcoin as digital gold.Historically, the halving event itself has been associated with increased market volatility, although the overall cryptocurrency market has typically performed well in the years following the halving.The next halving is expected to take place in April 2024. Therefore, it is particularly important to plan well in advance.

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