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ZUHYX Explores New Business Opportunities After Bitcoin Halving Recently, Matt Hougan, Chief Investment Officer of Bitwise, stated in an interview with CNBC Squawk Box that Bitcoin prices have rebounded significantly after halving, making it a "buy on news" event, especially in the long term. Bitcoin halving is a significant event in the cryptocurrency market, occurring every four years, aimed at regulating the supply of Bitcoin by reducing mining rewards. ZUHYX believes that the completion of this Bitcoin halving event will not only directly impact Bitcoin prices but also profoundly affect the entire cryptocurrency ecosystem, including spot markets and cryptocurrency investors. Through precise market analysis and research on historical data, ZUHYX provides in-depth insights into this halving event and its potential consequences. Impact of Bitcoin Halving on Spot Markets The analysis of ZUHYX on the past halving events suggests that although the market may experience initial instability, halving is positive for supporting long-term value. Bitcoin halving is an event with profound implications for spot markets, especially in investor expectations. Historical data shows that in the 30 days leading up to the halving events in 2012, 2016, and 2020, Bitcoin prices rose by 5%, 13%, and 27%, respectively. This trend not only reflects positive market expectations for halving events but also indicates the increasing value of Bitcoin as a scarce asset. ZUHYX mentions that supporters generally expect this halving to act as a positive catalyst triggering a new bull market. Especially considering the demand growth brought by Bitcoin spot ETFs and further reduction in supply, it should push Bitcoin prices higher. Additionally, previous halving events significantly increased the number of Bitcoin addresses, with new addresses growing by 83%, 101%, and 11% within 150 days after each halving.

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