₿ Bitcoin Halving Losing Power as Institutional Influence Takes Over
According to ChainCatcher, Grayscale says that the traditional Bitcoin halving-driven price model is gradually losing its impact.
As more ₿$BTC enters circulation over the years, each new halving has a smaller relative effect on the overall supply dynamics.
Grayscale highlights that today’s Bitcoin market is dominated by institutional capital, unlike previous cycles where retail speculation and FOMO were the main drivers.
This cycle also looks very different — instead of the explosive rallies seen in 2013 or 2017, the recent BTC surge has been more controlled and mature.
The 30% pullback that followed is considered a normal bull-market correction, not a trend reversal.
Several macro and regulatory factors are now shaping Bitcoin’s direction, including:#BTC
Expectations of lower interest rates
Bipartisan support in the U.S. for advancing crypto regulation#Binance #BTCVSGOLD #BinanceBlockchainWeek #BTC86kJPShock