Bitcoin Halving Could Leave Price at $20K-$50K, Hedge Fund Manager Says

Lightning Capital is a small hedge fund, with roughly $500,000 of assets, but Hwang’s prediction adds to a growing number of estimates from investors and analysts trying to gauge the potential impact of the halving – where the number of bitcoin mining rewards created every 10 minutes is sliced in half. The cut happens every four years, in accordance with the cryptocurrency’s 11-year-old design.

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