Bitcoin halving isn't a big deal for long-term investors, but may have a 'huge' impact on one key group, says Columbia professor
Publishing timestamp: 2024-04-19 13:37:45
Summary
Bitcoin's upcoming "halving" event will impact miners and investors differently. Miners will see their block rewards cut in half, potentially leading to some miners becoming unprofitable. Investors may see increased volatility in the market as anticipation of the event grows. It's important to tread carefully when investing in bitcoin due to its highly volatile nature.
Sentiment: MIXED
Tickers: BTC.CB=,
Keywords: cryptocurrency, bitcoin/usd coinbase, personal finance,
Source: https://www.cnbc.com/2024/04/19/what-bitcoin-halving-could-mean-for-investors-and-miners.html