Getting a clear picture of the crypto market's reaction to the halving would require disentangling the effects of several external factors, according to Coinbase.
Bitcoin Halving Effect on Asset’s Behavior Still Unclear: CoinbaseGetting a clear picture of the crypto market’s reaction to the halving would require disentangling the effects of several external factors, according to Coinbase.
While the halving is viewed positively because it is believed to enhance BTC’s prospective scarcity and support its supply-demand dynamics, getting a clear picture of the market’s reaction would require disentangling the effects of U.S. dollar movements, interest rates, and global liquidity.Bitcoin’s halving happens every four years or every 210,000 blocks. During the event, the block rewards for BTC mining are reduced by 50%.
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