Bitcoin's Post-Halving Demand Forecasted to Outstrip Supply by 5x, as Per Bitfinex
Tuesday, 23 April 2024, 07:22
Bitcoin Post-Halving Supply Shortage
According to Bitfinex, the estimated shortage in supply post Bitcoin halving could be as high as 5 times the demand.
Implications of Supply Shortage
This scarcity is projected to potentially result in a significant daily drop in the addition of new BTC supply to the market, possibly down to $30 million per day.
Conclusion
Bitfinex's latest estimates highlight a looming supply shortage in the Bitcoin market, reflecting a potential imbalance in the supply and demand dynamics following the halving event.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.