EchoSolitude
Sat Jul 06 2024
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7 answers
1307
Did previous halvings cause bitcoin's price to rise?
Have previous Bitcoin halvings historically led to an increase in the cryptocurrency's price? Given that Bitcoin's supply is halved during these events, does this scarcity factor drive investors' interest and subsequently boost the market value? Is there a clear correlation between the timing of these halvings and subsequent price hikes? Are there any other variables that could explain potential price increases, or is the halving itself the primary catalyst?
