BTC $79,334.20 -1.40%
ETH $2,504.37 -0.60%
BNB $703.61 -1.15%
XRP $1.43 -2.22%
SOL $107.47 +0.15%
TRX $0.3406 +0.91%
DOGE $0.0873 -2.06%
ADA $0.2093 -2.61%
BCH $253.63 -6.47%
LINK $11.78 -0.59%
HYPE $84.16 -1.05%
AAVE $125.28 -2.42%
SUI $0.7648 -3.15%
XLM $0.1827 -2.96%
ZEC $812.67 +1.97%
BTC $79,334.20 -1.40%
ETH $2,504.37 -0.60%
BNB $703.61 -1.15%
XRP $1.43 -2.22%
SOL $107.47 +0.15%
TRX $0.3406 +0.91%
DOGE $0.0873 -2.06%
ADA $0.2093 -2.61%
BCH $253.63 -6.47%
LINK $11.78 -0.59%
HYPE $84.16 -1.05%
AAVE $125.28 -2.42%
SUI $0.7648 -3.15%
XLM $0.1827 -2.96%
ZEC $812.67 +1.97%

Binance CEO Richard Teng: With only three months until the Bitcoin halving, it's important to focus on the long term

2024-07-19 17:53:20

ChainCatcher news, Binance CEO Richard Teng posted on the X platform stating that the market is cyclical, and experiencing ups and downs is not uncommon. It is very important to focus on the long term when making investment decisions. Here’s a reminder that it has only been 3 months since the most recent Bitcoin halving. This is not financial advice, DYOR. At the end of the article, there is an image showing the Bitcoin price increase 6 to 12 months after each halving, including a 7043% increase one year after the 2012 halving, a 289% increase one year after the 2016 halving, and a 559% increase one year after the 2020 halving.

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