The Bitcoin halving will likely positively affect Ethereum and the broader crypto market, according to multiple industry insiders.
A number of factors are making the upcoming Bitcoin (BTC) halving in April the most highly anticipated in the history of crypto.
Three previous Bitcoin halvings have occurred on Nov. 28, 2012, July 9, 2016, and May 11, 2020. This time, the halving follows the United States Securities and Exchange Commission (SEC) approving the first-ever spot Bitcoin exchange-traded funds (ETFs) in the U.S., massively increasing the hype around the event.
The ETFs are not the only factor increasing expectation levels. Julian Grigo, head of institutions and fintech for Safe — the creators of SafeWallet — told Cointelegraph the Bitcoin halving is an important reminder of what separates Bitcoin from fiat currency.