Bitcoin Halving May Have a Positive Impact on Prices, But Othe | Trade Crypto Now
Bitcoin Halving May Have a Positive Impact on Prices, But Other Factors Still at Play: Coinbase
Historical precedent suggests that bitcoin’s (BTC) recent strong performance will continue into and after the upcoming halving, as the event reduces the supply of new BTC, but investors should be wary of this view, Coinbase (COIN) said in a research report on Wednesday. The world’s largest cryptocurrency rose an average of 61% in the six months before prior halvings and gained an average of 348% in the six months after, Coinbase noted.
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