The halving has kicked in, and the immediate impact will be on Bitcoin’s supply. Bitcoin halving has permanently reduced the issuance of Bitcoin to 3.125 from 6.25. Stefan Kimmel, CE of M2 crypto exchange, states, “Looking at the broader landscape, while halving garners attention, we are cognizant that it’s just a part of a larger narrative. The confluence of ETFs, quantitative easing, and halving will define the future contours of the market.”
It’s time to look at the altcoin market for bombastic gains and price rallies. The altcoin market works in tandem with Bitcoin price movements. Some altcoins outperform Bitcoin. Investors want to reap maximum profits from altcoin price movements around the halving and look for coins that have the potential to react to Bitcoin gains exponentially. And if that coin has solid fundamentals and token utility, it is icing on the cake for the investors.
Among the heaps of…
