Bitcoin Halving Effects On Market Dynamics

Bitcoin Halving Effects On Market Dynamics


Bitcoin's much anticipated halving will occur tomorrow at approximately 9:30 pm EST. What's a halving?

Should one ignore Bitcoin's short-term fluctuations before the halving event?

The bank's analysis of open interest in bitcoin futures shows that the cryptocurrency is still considered overbought.

The Bitcoin halving is one of the most significant events in the crypto world, in this article we will explore Coinbase's point of view.

Gold prices increased exponentially in the last three months, reaching a new all-time high of $2,431 on April 15. However, the remarkable rise in Bitcoin price came to a sudden halt last weekend, with the largest digital asset plummeting to lows at $60,000 on most exchanges.

The latest price moves in bitcoin (BTC) and crypto markets in context for April 17, 2024. First Mover is CoinDesk's daily newsletter that contextualizes the latest actions in the crypto markets.

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