Hunter Horsley, CEO of D-based investment company Bitwise, evaluated the effects of the Bitcoin block reward halving, which will take place on April 20, on the cryptocurrency market. According to Horsley, this halving may be different from previous ones and could have a serious impact on the price of Bitcoin.
Bitcoin's New Block Reward Halving Is Expected
There are high expectations around the upcoming 4th Bitcoin block reward halving. Horsley underlines the impact of the policies implemented by the FED and current market conditions since the halving in 2020. Bitcoin's current price of $70 thousand is quite high compared to the past, which strengthens the possibility of a new rise.
