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cryptonews 2024-02-16 05:21:47

Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies

Bitcoin’s recent price surge past $52,000 has sparked speculation about a pre-halving rally, a historical trend associated with the upcoming reduction in mining rewards. Analyst Jag Kooner, Head of Derivatives at Bitfinex, believes the current market movement aligns with such a rally, typically starting eight weeks before the halving event. “This rally has the potential The post Bitcoin Price Holds Above $52,000 As Pre-Halving Rally Intensifies appeared first on Cryptonews .

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