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The supply shock of the Bitcoin halving won’t be as shocking to Bitcoin’s

BTC

tickers down

$69,417

price as many investors anticipate, says a new research report from crypto analytics firm CryptoQuant.

“We argue that the effect of the halving has been diminishing, as the new issuance of Bitcoin gets smaller relative to the amount of Bitcoin selling from long-term holders,” CryptoQuant wrote in an April 9 research report —

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