The Price of BTC Won't Rise After Bitcoin Halving, JP Morgan Says
decrypt.co/227093/bitcoin-halving-btc-price-priced-in-jp-morgan
Bitcoin is due to undergo its hotly anticipated halving event in just over 24 hours as of this writing, slashing the rewards provided to Bitcoin miners in half and slowing the creation of new coins.
Constraining supply sounds like a move that would spur a bullish market, but America’s biggest bank says it’s not so simple. In a Thursday note cited by Bloomberg, JP Morgan…
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