{"id":602445,"date":"2024-04-10T15:00:18","date_gmt":"2024-04-10T15:00:18","guid":{"rendered":"https:\/\/uniquehot.com\/?p=602445"},"modified":"2024-06-11T07:09:03","modified_gmt":"2024-06-11T07:09:03","slug":"bitcoin-halving-no-longer-driving","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/","title":{"rendered":"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is"},"content":{"rendered":"

Analysts from CryptoQuant have revealed that the influence of the <\/span>2024 Bitcoin halving<\/span><\/a> on the price of BTC has notably diminished. According to the crypto analytics firm, the <\/span>highly anticipated halving event <\/span><\/a>is no longer the key driver for a bullish momentum in BTC.\u00a0<\/span><\/p>\n

Bitcoin Halving Effects On Prices Is Fading<\/h2>\n

CryptoQuant<\/span><\/a> wrote in a recent research report that the upcoming <\/span>Bitcoin halving event <\/span><\/a>scheduled this April may not deliver the desired <\/span>price shock<\/span><\/a> expected by most crypto analysts and investors in the space.\u00a0<\/span><\/p>\n

According to the analytics firm, the influence of the Bitcoin halving event has been dwindling over time, with the price of the cryptocurrency and a <\/span>potential bullish rally<\/span><\/a> being driven by a new change in market dynamics.<\/span><\/p>\n

Related Reading: VeChain On The Edge: Insider Says VET Will Reach The Finish Line<\/a><\/div>\n

Notably, CryptoQuant disclosed that the demand from long-term and <\/span>large-scale investors, whales<\/span><\/a>, has become one of the primary factors pushing the price of BTC upward. The Head of Research at CryptoQuant, Julio Monero <\/span>disclosed<\/span><\/a> on Tuesday, April 9, that the demand for Bitcoin from <\/span>permanent holders<\/span><\/a> has recently outpaced issuance for the first time in history.\u00a0<\/span><\/p>\n

In its report, CryptoQuant also highlighted an 11% month-on-month increase in large-scale <\/span>Bitcoin investors<\/span><\/a> holding between 1,000 to 10,000 BTC, reaching unprecedented levels. This elevated demand is in sharp contrast with BTC’s supply dynamics and is poised to increase further after the halving event concludes.\u00a0<\/span><\/p>\n

Currently, long-term <\/span>Bitcoin holders<\/span><\/a> are accumulating more tokens than the new investors entering the market. CryptoQuant revealed that permanent holders have also been adding as much as 200,000 BTC to their portfolio every month while long-term holders are amassing seven times more BTC per month.\u00a0<\/span><\/p>\n

\u201cWe argue that the effect of the halving has been diminishing, as the new issuance of Bitcoin gets smaller relative to the amount of Bitcoin selling from long-term holders,\u201d the analytics firm wrote.\u00a0<\/span><\/p>\n

Analysts Remain Optimistic About Halving Influence<\/h2>\n

Despite CryptoQuant’s report on Bitcoin\u2019s supply and demand dynamics, numerous analysts still expect a significant uptick in Bitcoin\u2019s price following the <\/span>halving event<\/span><\/a>. Analysts like <\/span>Joe Consorti<\/span><\/a> have predicted BTC’s price to rise to $100,000 following the Bitcoin halving. Additionally, he has expressed optimism about a potential bullish rally for the cryptocurrency during this period.<\/span><\/p>\n

Related Reading: Solana Open Interest Drops $370 Million Amid Network Troubles, $200 Still Possible?<\/a>\u00a0<\/span><\/div>\n

Moreover, due to <\/span>historical trends<\/span><\/a> revealing a correlation between the Bitcoin halving event and a price surge for the cryptocurrency, various crypto investors have <\/span>predicted<\/span><\/a> a similar bullish outlook for the cryptocurrency this year.\u00a0<\/span><\/p>\n

Recently, <\/span>open interest in Bitcoin<\/span><\/a> surged to new all-time highs above $18 billion. This increase suggests that traders and investors are still bullish on Bitcoin\u2019s future value, seeing any price dips as <\/span>buying opportunities<\/span><\/a> before a potential rally.\u00a0<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC bulls lose out to bears | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Earth.org, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished. According to the crypto analytics firm, the highly anticipated halving event is no longer the key driver for a bullish momentum in BTC.\u00a0 Bitcoin Halving Effects On Prices Is Fading CryptoQuant wrote in a recent research report that the upcoming Bitcoin halving event scheduled this April may not deliver the desired price shock expected by most crypto analysts and investors in the space.\u00a0 According to the analytics firm, the influence of the Bitcoin halving event has been dwindling over time, with the price of the cryptocurrency and a potential bullish rally being driven by a new change in market dynamics. Related Reading: VeChain On The Edge: Insider Says VET Will Reach The Finish Line Notably, CryptoQuant disclosed that the demand from long-term and large-scale investors, whales, has become one of the primary factors pushing the price of BTC upward. The Head of Research at CryptoQuant, Julio Monero disclosed on Tuesday, April 9, that the demand for Bitcoin from permanent holders has recently outpaced issuance for the first time in history.\u00a0 In its report, CryptoQuant also highlighted an 11% month-on-month increase in large-scale Bitcoin investors holding between 1,000 to 10,000 BTC, reaching unprecedented levels. This elevated demand is in sharp contrast with BTC’s supply dynamics and is poised to increase further after the halving event concludes.\u00a0 Currently, long-term Bitcoin holders are accumulating more tokens than the new investors entering the market. CryptoQuant revealed that permanent holders have also been adding as much as 200,000 BTC to their portfolio every month while long-term holders are amassing seven times more BTC per month.\u00a0 \u201cWe argue that the effect of the halving has been diminishing, as the new issuance of Bitcoin gets smaller relative to the amount of Bitcoin selling from long-term holders,\u201d the analytics firm wrote.\u00a0 Analysts Remain Optimistic About Halving Influence Despite CryptoQuant’s report on Bitcoin\u2019s supply and demand dynamics, numerous analysts still expect a significant uptick in Bitcoin\u2019s price following the halving event. Analysts like Joe Consorti have predicted BTC’s price to rise to $100,000 following the Bitcoin halving. Additionally, he has expressed optimism about a potential bullish rally for the cryptocurrency during this period. Related Reading: Solana Open Interest Drops $370 Million Amid Network Troubles, $200 Still Possible?\u00a0 Moreover, due to historical trends revealing a correlation between the Bitcoin halving event and a price surge for the cryptocurrency, various crypto investors have predicted a similar bullish outlook for the cryptocurrency this year.\u00a0 Recently, open interest in Bitcoin surged to new all-time highs above $18 billion. This increase suggests that traders and investors are still bullish on Bitcoin\u2019s future value, seeing any price dips as buying opportunities before a potential rally.\u00a0 BTC bulls lose out to bears | Source: BTCUSD on Tradingview.com Featured image from Earth.org, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":602475,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,679,1119,89185,1122,1144,78790],"class_list":["post-602445","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt"],"acf":[],"yoast_head":"\nAnalyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is<\/title>\n<meta name=\"description\" content=\"Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is\" \/>\n<meta property=\"og:description\" content=\"Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-10T15:00:18+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:09:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194\" \/>\n\t<meta property=\"og:image:width\" content=\"259\" \/>\n\t<meta property=\"og:image:height\" content=\"194\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is\",\"datePublished\":\"2024-04-10T15:00:18+00:00\",\"dateModified\":\"2024-06-11T07:09:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/\"},\"wordCount\":480,\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194\",\"keywords\":[\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"btc\",\"BTC news\",\"btc price\",\"btcusd\",\"BTCUSDT\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/\",\"url\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/\",\"name\":\"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is\",\"isPartOf\":{\"@id\":\"https:\/\/uniquehot.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194\",\"datePublished\":\"2024-04-10T15:00:18+00:00\",\"dateModified\":\"2024-06-11T07:09:03+00:00\",\"description\":\"Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished.\",\"breadcrumb\":{\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#primaryimage\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194\",\"width\":259,\"height\":194,\"caption\":\"Bitcoin price\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/uniquehot.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uniquehot.com\/#website\",\"url\":\"https:\/\/uniquehot.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/uniquehot.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/uniquehot.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/uniquehot.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/uniquehot.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/uniquehot.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/uniquehot.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is","description":"Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/","og_locale":"en_US","og_type":"article","og_title":"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is","og_description":"Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished.","og_url":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-04-10T15:00:18+00:00","article_modified_time":"2024-06-11T07:09:03+00:00","og_image":[{"width":259,"height":194,"url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#article","isPartOf":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is","datePublished":"2024-04-10T15:00:18+00:00","dateModified":"2024-06-11T07:09:03+00:00","mainEntityOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/"},"wordCount":480,"publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194","keywords":["bitcoin","Bitcoin news","bitcoin price","btc","BTC news","btc price","btcusd","BTCUSDT"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/uniquehot.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/","url":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/","name":"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is","isPartOf":{"@id":"https:\/\/uniquehot.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#primaryimage"},"image":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#primaryimage"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194","datePublished":"2024-04-10T15:00:18+00:00","dateModified":"2024-06-11T07:09:03+00:00","description":"Analysts from CryptoQuant have revealed that the influence of the 2024 Bitcoin halving on the price of BTC has notably diminished.","breadcrumb":{"@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#primaryimage","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194","width":259,"height":194,"caption":"Bitcoin price"},{"@type":"BreadcrumbList","@id":"https:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/uniquehot.com\/"},{"@type":"ListItem","position":2,"name":"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is"}]},{"@type":"WebSite","@id":"https:\/\/uniquehot.com\/#website","url":"https:\/\/uniquehot.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/uniquehot.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/uniquehot.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/uniquehot.com\/#organization","name":"NewsBTC","url":"https:\/\/uniquehot.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/uniquehot.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/uniquehot.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\u2019s What Is","url":"http:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/bitcoin-halving-no-longer-driving\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?resize=200%2C194","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","btc","btc news","btc price","btcusd","btcusdt"],"dateCreated":"2024-04-10T15:00:18Z","datePublished":"2024-04-10T15:00:18Z","dateModified":"2024-06-11T07:09:03Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Analyst Says Bitcoin Halving Influence Is No Longer Driving Price, Here\\u2019s What Is\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-halving-no-longer-driving\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/bitcoin-halving-no-longer-driving\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Bitcoin-price-1.jpeg?resize=200%2C194\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Bitcoin-price-1.jpeg?fit=259%2C194\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\"],\"dateCreated\":\"2024-04-10T15:00:18Z\",\"datePublished\":\"2024-04-10T15:00:18Z\",\"dateModified\":\"2024-06-11T07:09:03Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/04\/Bitcoin-price-1.jpeg?fit=259%2C194","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/602445"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=602445"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/602445\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/602475"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=602445"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=602445"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=602445"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}