Bitcoin block reward halving divides market between bullish and skeptical opinions

2024-04-21 01:48:00 Views

Golden Finance reports that as the Bitcoin block reward halving approaches, investors and analysts are divided on its potential impact on the cryptocurrency market. Bitwise Chief Investment Officer Matt Hougan believes that history shows that Bitcoin prices will rise in the long term after halving, and reduced supply and institutional investment will drive price increases. However, Dan Dolev, managing director of Mizuho Securities, expressed doubts that the market has fully priced in the halving, warning of possible selling pressure. Coinpass CEO Jeff Hancock emphasized increased institutional interest in Bitcoin, but the market remains divided.

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Title:Bitcoin block reward halving divides market between bullish and skeptical opinions - Flash
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