PANews On April 20, Cointelegraph reported that the 2024 Bitcoin halving will reduce the block reward from 6.25 BTC to 3.125 BTC. Despite rising concerns about a global trade war, data shows that BTC has risen by more than 33% since April 2024. Enmanuel Cardozo, a market analyst at Brickken, an asset tokenization platform, said: "Although Bitcoin has shown resilience, I think past experience, current economic uncertainty, and selling pressure in the market are still keeping investors on the sidelines, waiting for clearer entry signals. Investments from institutions such as Strategy and Tether may accelerate Bitcoin's traditional four-year halving cycle. Bitcoin's trend is still closely related to broader monetary policy. The Fed's interest rate cuts in May or June could inject more money into the system, driving Bitcoin up faster."
Analysis: Expectations of a Fed rate cut may drive Bitcoin up faster
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BTC falls below $103,000, down 1.15% on the day
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Data: Whales have accumulated more than 450,000 ETH in the past month
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A man was sentenced to 14 months in prison for participating in the hacking of the SEC's official X account in January last year to post a false tweet approving a Bitcoin ETF
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Alchemy acquires Solana infrastructure provider DexterLab
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Sequoia Capital partner Roelof Botha’s personal information was stolen in the Coinbase data breach
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BTC falls below $104,000, down 0.19% on the day