Bitwise CIO: In the long run, Bitcoin halving is a "buy on news" event

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Bitget2024/04/21 23:16

In an interview with CNBC Squawk Box, Matt Hougan, Chief Investment Officer of the cryptocurrency asset management company Bitwise, pointed out that Bitcoin's price has rebounded significantly after halving. Therefore, this is a "buy on news" event, especially in the long term. Matt Hougan also stated that the reason for Bitcoin's price rebound within a year after the past three halvings was due to supply contraction in the months following each halving.

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