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BTC $82,317.14 -1.51%
ETH $2,509.67 -0.85%
BNB $742.94 -1.17%
XRP $1.36 -3.52%
SOL $107.47 -3.57%
TRX $0.3300 -0.14%
DOGE $0.0847 -2.17%
ADA $0.2410 -4.67%
BCH $272.75 -3.88%
LINK $12.88 -2.98%
HYPE $83.33 -3.44%
AAVE $160.99 -4.99%
SUI $1.06 -4.98%
XLM $0.1955 -3.47%
ZEC $1,235.42 -2.61%
AAPL $340.11 +0.99%
AMZN $260.31 -1.19%
GOOGL $353.19 +0.29%
MSFT $540.44 +0.97%
META $746.35 +3.38%
NVDA $226.70 -2.07%
TSLA $378.74 -1.25%
SNDK $1,479.87 -8.21%
INTC $101.12 -4.41%
SPCX $164.48 +0.21%
MU $989.15 -4.94%
AMD $592.22 -3.44%

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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