Is Bitcoin's Post-Halving Dip Temporary?
Bitcoin (CRYPTO: BTC), the world's first and most well-known cryptocurrency, has been making headlines once again. Following its fourth halving on April 19th, which reduced its inflation rate to a mere 0.85%, Bitcoin soared to a new all-time high of $73,000 in anticipation of this significant event.
However, since then, its price has experienced a slight dip and significant fluctuation. In fact, its price has ranged from $66,000 to $72,000 within the past 24 hours alone. So, what does this mean for investors, and is its post-halving dip just a temporary setback?
Image source: Getty Images.
Source Fool.com
