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How Bitcoin Halving Could Affect Prices
The January debuts of spot bitcoin ETFs in the U.S. have figured prominently in the cryptocurrency’s ascent this year. However, experienced crypto investors know that the upcoming quadrennial halving is likely playing a significant role in bitcoin’s 2024 bullishness. In addition to the launches, the halving, which is slated for April, is supporting gains for crypto-correlated stocks, including some held by the Amplify Transformational Data Sharing ETF (BLOK). That exchange traded fund is higher by almost 13% for the month ending March 12 and up nearly 18% year-to-date. One of the key elements of bitcoin halvings ... (full story)