Bitcoin Halving’s Influence Diminishes as Market Dynamics Shift

Experts suggest that Bitcoin's four-year cycle, traditionally linked to halving events, may be losing its influence in the market.

The halving reduces miner rewards every four years, historically affecting Bitcoin's price significantly.
Currently, the market is more influenced by institutional investment and economic factors.
Pierre Rochard noted that the supply shock from halving is less impactful now, as 95% of Bitcoin is already mined.
Bitcoin's price reached a record above $74,000 in March, influenced by U.S. spot Bitcoin ETF approvals and institutional buying.
While some believe halvings still matter for miner economics, they are seen as part of broader market dynamics including liquidity and investor sentiment.
CoinMarketCap reported a combined cryptocurrency market cap of $4.15 trillion, surpassing the previous record of $3.80 trillion.
Over $140 billion in cryptocurrency was traded within a single day.
Some analysts caution against dismissing the four-year cycle, noting risks of over-optimism near market peaks.

Overall, while halvings retain relevance, their role in short-term pricing appears diminished as market dynamics evolve.