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News Explorer — Grayscale Says BTC Fundamentals Show Strength Ahead of Bitcoin Halving

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Feb 12, 8:08 am
Coindesk

Grayscale Says BTC Fundamentals Show Strength Ahead of Bitcoin Halving

Grayscale's research note suggests that Bitcoin's technical fundamentals and use cases have strengthened, making it more robust ahead of the halving event. On-chain activity and positive market structure updates, along with the introduction of ordinal inscriptions and BRC-20 tokens, have revitalized Bitcoin. The lower rewards from the halving are expected to require relatively lower buying pressure to maintain prices, potentially leading to higher prices.

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