Bitcoin Best Month
Bitcoin is having its best month in over three years. This is particularly interesting at this time, because expectations of rate cuts have narrowed, so this rally is in spite of higher expected rates.
The introduction of Bitcoin ETF’s has caused an explosion in demand for the cryptocurrency. Alongside the next halving, which is scheduled to occur sometime in April, and there appears to be a supply demand imbalance in Bitcoin, which is causing heavy upward pressure on the cryptocurrency.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Moo Contributor
Posting Weekly in 2024: (sorry if delayed post)-busy!
- Investing/ Finance /Economics
Road to Hedge Fund!!! Trend📈
1345Followers
36Following
3482Visitors
Follow
Cui Nyonya Kueh : halving is end of this month march ?
Brianjh OP Cui Nyonya Kueh : end april
Cui Nyonya Kueh Brianjh OP : ok thanks
Brianjh OP Cui Nyonya Kueh : remember it depends on block height too. so don't have exact date for halving
Cui Nyonya Kueh Brianjh OP : ok thanks
Bird007 Cui Nyonya Kueh : The halving has an exact date and will take place 4/25/2024