Scott Melker believes that during the last halving cycle, the price of Bitcoin rose from a high of $20,000 to a high of $69,000, an appreciation of 250.86%. If a similar trend emerges, “Bitcoin will be at $240,000.”
JinseFinanceCryptocurrency venture capital funding plunged 68% to $10.7 billion in 2023, compared to $33.3 billion invested in 2022. But total investment in 2023 still exceeds the previous bear market, surpassing the $6.4 billion invested in 2019 and 2020.
JinseFinanceJinseFinanceJinseFinanceJinseFinanceJinseFinance
Coinlive The last Bitcoin halving took place on May 11, 2020, and the next bitcoin halving will likely occur in 2024.
CoindeskMike Novogratz, CEO of Galaxy Digital, said that the next Bitcoin bull run requires fast and scalable systems, which have not yet been created.
CointelegraphData on the most well recognized nonfungible token (NFT) projects show that key metrics have fallen with floor prices and market capitalization over the past month.
Cointelegraph