Bitcoin’s Market Dynamics Shift: Halving’s Relevance Declines as Institutional Demand Grows

Key Points

1. Halving events no longer significantly impact Bitcoin’s supply due to 95% of it already being mined.

2. Institutional investors, such as those using ETFs and corporate treasuries, are now the primary drivers of Bitcoin's market prices.

3. Market dynamics have shifted, with whale activity and institutional demand influencing prices more than miners or retail traders.

4. Historically, halving events were major market drivers, but their relevance has diminished as supply nears its cap.

5. The shift in market dynamics highlights the growing role of institutional players in determining Bitcoin's price trends.