"Assessing the Impact of Bitcoin Halving on Crypto Markets"

1 min read
Source: Bloomberg
"Assessing the Impact of Bitcoin Halving on Crypto Markets"
Photo: Bloomberg
TL;DR Summary

The CEO of Marathon, the largest US crypto miner, believes that the upcoming Bitcoin "halving" event, which is expected to drive up the price of Bitcoin, may already be partially factored into the market. The "halving" is a software code update that reduces the reward for Bitcoin miners, and it is often seen as a catalyst for price increases in the cryptocurrency.

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