Bitcoin halving, a recurring event set to take place shortly, has sparked immense optimism among crypto market traders and investors globally as historical data illustrates a tilt of bullishness towards altcoins post-BTC halving, curating a tidal wave of market optimism. Amid this optimistic chronicle, crypto market enthusiasts expect this year’s halving event to fuel a rally in altcoins. Aligning with this sentiment, XRP, a Ripple Labs-backed token, and BTC could witness a significant market uptrend following this year’s halving. Here’s a closer look into the potential factors that underscore a looming price rally for BTC & XRP.
Historical Data Fuels Market Optimism
Intriguingly, as seen previously, following the 2020 BTC halving that occurred on May 11, Bitcoin witnessed a consolidation before a pump post-halving. Market charts for BTC illustrate that the token witnessed a period of sideways trading following the 2020 halving. However, as of October 2020, Bitcoin embarked u
We współpracy z: https://coingape.com/xrp-btc-could-bounce-after-bitcoin-halving/
