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Viewpoint: This “halving” will have limited impact on the market

Viewpoint: This “halving” will have limited impact on the market

2024/04/11 15:25

Golden Finance reported that Brian Dixon, CEO of investment company Off the Chain Capital, said: If we look at the overall demand since the launch of ETFs, it has had a huge impact on the supply in the market. Once the halving occurs and the supply is further reduced, it is logical that the price will increase. David Lawant, director of research at FalconX, said: This round of rise is the first time that Bitcoin has exceeded its all-time high before halving. There are concerns that ETFs have boosted demand in advance, and maybe we will hover at current levels for a while. Anthony Anderson, founder and CEO of Param Labs and Kiraverse, echoed the sentiment: Since the beginning of the year, Bitcoin ETFs have taken advantage of the supply halving by acquiring BTC en masse.

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