Analysis: Bitcoin has only risen 43.4% since the fourth Halving, far below the market performance after the previous three Halvings.

PANews April 26 news, according to Decrypt, since Bitcoin completed its fourth Halving in April 2024, the BTC price has only risen by 43.4%, far lower than the increases recorded after the first three Halvings of 7,000%, 291%, and 541%, marking the worst performance of Bitcoin after a Halving. Analysis indicates that factors such as macroeconomic uncertainty, the trade policies of the Trump administration, ETF fund outflows, and changes in market structure have collectively weakened the rise effect brought by the Halving. Furthermore, as the Bitcoin market matures, price volatility has decreased, with its 60-day volatility dropping from 200% in 2012 to about 50% currently, suggesting that future trends may be more stable but with limited increases.