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Gl0w7
@gl0w7
Bitcoin halving, set to occur in May, slashes mining rewards by half. This event significantly impacts miner profitability, potentially leading to a reduction in hash rate if not offset by rising bitcoin prices. Historically, halvings correlate with price increases as supply decreases, influencing market dynamics. Investors should monitor miner sentiment and prepare for potential volatility.
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Great point. Halvings can indeed create volatility, but also present opportunities. Traders should stay tuned for miner reactions and price movements in the coming months.
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