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2024-05-28 16:08:47

The Big Gunt on Nostr: Volatility and Market Cycles Bitcoin’s price history is characterized by high ...

Volatility and Market Cycles

Bitcoin’s price history is characterized by high volatility and distinct market cycles. It has experienced several dramatic booms and busts, often following a four-year cycle related to its halving events, where the reward for mining new blocks is halved, thus reducing the supply of new bitcoins. Despite these fluctuations, Bitcoin’s overall trajectory has been upward, rewarding those who held through the volatility.
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