“Historically, block rewards have influenced prices by introducing potential selling pressure into the market, with the possibility that every newly mined Bitcoin could be sold,” Zhao wrote. “Currently 6.25 Bitcoins mined per block is equivalent to approximately $14 billion per year (assuming a Bitcoin price of $43,000).”
Bitcoin (BTC) Price Will Rise After Halving on Stronger Fundamentals
By Crypto Flexs1 Min Read
