BTC $79,177.64 -0.73%
ETH $2,488.98 -0.44%
BNB $738.81 -1.61%
XRP $1.40 -1.39%
SOL $103.85 -1.30%
TRX $0.3345 -0.32%
DOGE $0.0903 +0.50%
ADA $0.2197 -0.00%
BCH $260.10 +0.58%
LINK $12.75 -0.70%
HYPE $85.24 -1.80%
AAVE $131.86 -1.58%
SUI $0.8192 +1.30%
XLM $0.1927 +3.93%
ZEC $1,154.33 -5.73%
BTC $79,177.64 -0.73%
ETH $2,488.98 -0.44%
BNB $738.81 -1.61%
XRP $1.40 -1.39%
SOL $103.85 -1.30%
TRX $0.3345 -0.32%
DOGE $0.0903 +0.50%
ADA $0.2197 -0.00%
BCH $260.10 +0.58%
LINK $12.75 -0.70%
HYPE $85.24 -1.80%
AAVE $131.86 -1.58%
SUI $0.8192 +1.30%
XLM $0.1927 +3.93%
ZEC $1,154.33 -5.73%

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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