@boyceeleanor
Bitcoin’s halving events historically reduce the rate of new supply, creating scarcity that often drives price appreciation. The 2024 halving event tightened block rewards, increasing anticipation among investors. Market reactions include heightened speculative demand, increased media attention, and inflows from institutional players. While past halvings have been followed by substantial bull runs, price behavior also depends on broader macroeconomic factors, regulatory developments, and investor sentiment. Halvings tend to reinforce Bitcoin’s store-of-value narrative, encouraging longer-term holding. Combined with liquidity from ETFs and growing retail and institutional participation, the halving has contributed to price stability and upward momentum, demonstrating its continued relevance in market cycles.
0 reply
0 recast
0 reaction