Bitcoin Halving: Focus on Intrinsic Value, Not Events, Says NH Investment and Securities

IconCrypto News Terminal26 Apr, 2024

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Bitcoin Halving: Focus on Intrinsic Value, Not Events, Says NH Investment and Securities

Bitcoin has gone through its third halving, an event that has been highly anticipated by the cryptocurrency community. However, according to a report by NH Investment and Securities, the market has not shown a significant reaction to the halving, and investors should focus on the intrinsic value of Bitcoin, rather than specific events. The report analyzed Bitcoin's use as a hedge against emerging market currencies and a means to check currency policy and fiscal policy mistakes. It concluded that Bitcoin's intrinsic value lies in its ability to provide a store of value and a medium of exchange, and that investors should focus on these factors rather than short-term events. Previously on [date], [one liner summary of previous news].

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