Bitcoin Friday — May 17, 2024
Here are some quick, candid thoughts on bitcoin as we head into the weekend.
Happy Bitcoin Friday!
Early Assessment
It’s been about one month since the fourth bitcoin halving. The latest halving, an event that cuts the distribution of newly released bitcoin to miners in half, occurred April 19, 2024. Since then, bitcoin’s traded within a ~10% price range.
Some other metrics:
+9% since 4th halving
+52% year-to-date
+145% one-year
+670% …
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