Earn Your Leisure

In this clip of Market Mondays, we delve into the topic of Bitcoin and the upcoming event known as the Bitcoin halving. Hosts Ian Dunlap, Troy Millings, and Rashad Bilal share insights and analysis of the current state of Bitcoin, its potential future performance, and the impact of the halving event on the cryptocurrency market.The discussion kicks off with an update on Bitcoin's price, which has seen a slight decrease from its recent all-time high, hovering around the $67,000 to $68,000 range. The impending Bitcoin halving, a scheduled event that occurs every four years, is highlighted as a significant factor in the cryptocurrency's supply control and scarcity maintenanceThe hosts expound on the mechanics of the halving, explaining how it reduces the reward for mining new blocks of Bitcoin and ultimately influences its supply and demand dynamics. They emphasize that the halving event has historically been followed by a reduction in the reward for mining, thereby affecting the scarcity model of Bitcoi