According to the Odaily Planet Daily report, Bitwise CEO Hunter Horsley posted on the X platform that the Bitcoin halving in April 2024 may be the most influential in history. The reason is that the last Bitcoin halving occurred in 2020, the price of Bitcoin was about $9,000, and the supply reduction was about $9 million per day, or about $3 billion per year. In this Bitcoin halving, the price of Bitcoin is about US$70,000, and the supply reduction in US dollars will increase by more than three times: about US$32 million per day, and about US$11 billion per year. The number of organic sales decreased significantly, while at the same time people's demand continued to grow.