Overview
- Bitcoin is set to undergo its fourth halving, reducing miner rewards from 6.25 BTC to 3.125 BTC, which could affect the entire crypto market.
- Experts predict a decrease in Bitcoin's dominance and a potential rise in altcoin engagement following the halving.
- Major financial institutions like JPMorgan and Goldman Sachs issue warnings of possible price drops post-halving, citing overvaluation concerns.
- Investors are advised to monitor closely as the halving could lead to increased volatility and shifts in investment strategies.
- The long-term impact of the halving remains uncertain, with some analysts forecasting a bullish future while others caution against potential downturns.