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Forget What You Know About The Bitcoin Halving: Here’s Why This Cycle Could Be Wild

As the crypto market braces for the Bitcoin (CRYPTO: BTC) halving, crypto analytics firm Glassnode highlights a twist in the narrative — Exchange Traded Funds (ETFs) are now playing a dominant role in shaping market dynamics, potentially diminishing the traditional impact of the halving. What Happened: The influx of institutional demand through Bitcoin ETFs is significantly altering the supply-demand equilibrium, the report states. Traditionally, Bitcoin halving events — which reduce the reward for mining new blocks, thereby slowing down the issuance of new coins — have been seen as bullish si…

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