The recent halving event resulted in both winners and losers, and its impact on the markets is of interest. The halving has reduced the daily entry of new BTC into circulation to just 450, which may not significantly affect long-term Bitcoin holders. Over the years, the world’s largest cryptocurrency has seen significant appreciation following halving events, with substantial surges in investment and asset values for companies like Grayscale and Coinbase. MicroStrategy, now owning 214,000 BTC, has also experienced its share of challenges and successes under the leadership of CEO Michael Saylor.
Additionally, the halving has resulted in reduced rewards for miners, affecting profitability and causing some companies to experience significant share price declines. Amidst these changes, Bitcoin continues to dominate search interest, outpacing other cryptocurrencies. However, not all analysts’ predictions may prove accurate by the end of the year.
