Bitcoin and altcoins faced substantial drops, but upcoming Bitcoin halving and institutional interest could lead to a potential rally, attracting more investors.
Historically, Bitcoin's price didn't move much during halving, but past events preceded parabolic rallies, hinting at potential future price movements.
The involvement of major financial players like BlackRock and Fidelity in Bitcoin spot exchange-traded funds could bring positive momentum to Bitcoin's price post-halving.
The Bitcoin halving could spark excitement among a broader investor base as ETFs introduce the asset, potentially leading to increased exposure and investment.
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