42 i ·Oversætte

It's been 100 days since the fourth Bitcoin halving event, and both BTC and the broader cryptocurrency market have made considerable strides, paving the way for a new growth phase.

At 7:10 AM on April 20, 2024, Bitcoin completed its fourth halving at block 840,000, reducing block rewards from 6.25 BTC to 3.125 BTC. Since then, Bitcoin's price has increased by approximately 10%, now trading around $69,500.

Historically, Bitcoin's price tends to see significant increases 400-500 days post-halving. Thus, while the short-term price impact is modest, there's optimism for future surges.

Crypto ETFs have gained traction, reflecting growing investor confidence. Bitcoin and Ethereum spot ETFs have been introduced, and there's anticipation for ETFs for other coins like Solana. These ETFs provide traditional investors easier access to cryptocurrencies with reduced risks.

Politicians have also shown increasing support for crypto, especially with the 2024 US presidential election heating up.
https://analysis.unich.com/news/

image