Bitcoin Becomes More Volatile Than Ether as Halving Approaches

Bitcoin Becomes More Volatile Than Ether as Halving Approaches

Source Node: 2531731

The consensus is that halving is bullish as it halves the pace of supply expansion, creating a demand-supply imbalance in favor of a price rise, assuming the demand side remains unchanged or strengthens. Bitcoin chalked out stellar rallies, setting new record highs over 12-18 months following the previous halvings, which occurred in November 2012, July 2016, and May 2020.

Time Stamp:

More from CoinDesk