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News Explorer — Bitcoin Halving and ETF Mania Could Lead to Much Higher Prices: Analysts

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Feb 21, 9:14 pm
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Bitcoin Halving and ETF Mania Could Lead to Much Higher Prices: Analysts

The success of spot Bitcoin ETFs has boosted the price of Bitcoin, thanks to the principle of supply and demand. The upcoming halving event, which cuts Bitcoin rewards for miners in half, is expected to further increase demand for Bitcoin. The approval of Bitcoin ETFs has already led to a surge in prices, and analysts predict that the halving will create a supply crunch, pushing prices even higher.

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