Bitwise CIO: BTC halving impact already priced into market

IconCrypto News Terminal19 Apr, 2024

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Bitwise CIO: BTC halving impact already priced into market

Chief Investment Officer (CIO) Matt Hougan of Bitwise, a crypto asset manager and bitcoin physical ETF issuer, believes the broader market has "already priced in" the halving's effects, as stated to Yahoo Finance. He elaborated, "Given that the halving is a highly anticipated and well-known event, I concur with the sentiment that its influence is already reflected in the market." Previously on April 19, 2024, Matt Hougan, CIO of Bitwise, stated to Yahoo Finance that the broader market is "already pricing in the impact of the halving." He explained, “The halving is a well-known and anticipated event by all market participants, thus I agree with the sentiment that the impact of the halving is already priced in.” ---