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Fintech– 10
Bitcoin halving cycle nears completion, price gains slow
CoinDesk·
Bitcoin has surpassed the halfway point of its current halving cycle, with the next event anticipated in April 2028. While the block reward has been reduced to 3.125 BTC, the cryptocurrency's price has seen more modest gains of around 15% since the last halving in April 2024, compared to previous cycles. This trend of diminishing returns is attributed to Bitcoin's increasing maturity, growing adoption, and a larger market capitalization, which collectively reduce volatility and require more capital for significant price movements. The network continues its predictable path toward a fixed supply cap of 21 million coins.
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$BTC-USD
Tags
crypto
fintech
macro
Original Source
CoinDesk — coindesk.com