Upcoming Bitcoin 'Halving' Fuels Price Runup and Volatility Amid Macro Uncertainty

Bitcoin "halvings", which cut mining rewards in half, historically boost bitcoin's price over the following months. The next halving is expected on April 19th.

This time, the halving coincides with new bitcoin demand drivers like bitcoin ETFs bringing in steady inflows.

Bitcoin's price run-up to near its all-time high has come faster ahead of this halving than in past cycles.

Bitcoin's blockchain security is at record highs leading into this halving compared to previous ones.

While halvings tend to help bitcoin's value, price volatility is still likely in the current uncertain macroeconomic environment.