9 Reasons Why Bitcoin Has Never Been Stronger Going Into a Halving

From surging price and all-time-high hash rates, to Paul Tudor Jones and narrative relevance, a look at the strength of BTC heading into next week’s halving.

AccessTimeIconMay 7, 2020 at 7:00 p.m. UTC
Updated Dec 11, 2022 at 7:38 p.m. UTC
AccessTimeIconMay 7, 2020 at 7:00 p.m. UTCUpdated Dec 11, 2022 at 7:38 p.m. UTC
AccessTimeIconMay 7, 2020 at 7:00 p.m. UTCUpdated Dec 11, 2022 at 7:38 p.m. UTC

From surging price and all-time-high hashrates to Paul Tudor Jones and narrative relevance, a look at the strength of BTC heading into next week’s halving.

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This episode is sponsored by ErisXThe Stellar Development Foundation and  Grayscale Digital Large Cap Investment Fundhttps://grayscale.co/coindesk.

The bitcoin halving is just a few days away and the growing excitement is palpable. On this episode of The Breakdown, NLW argues the excitement is also legitimate, and looks at nine reasons why bitcoin has never been stronger going into one of its every-four-year issuance reductions:

  • Price
  • Hashrate
  • Mining competition
  • Accessibility and Services 
  • Infrastructure
  • Institutional awareness and participation
  • Narrative relevance
  • Perceived and real resilience 
  • Lindy effects 

Oh, and let’s not forget: Hedge fund legend Paul Tudor Jones is reportedly invested in bitcoin and sees it as a hedge against "great monetary inflation." 

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