Tangent Co-Founder: "Halving effect" will weaken over time, and measuring the market based on price performance and macro environment is more accurate.

BlockBeats reported on September 14th that Tangent co-founder Darryl Wang spoke at the Token2049 conference in Singapore on the "Generating Alpha: Navigating Crypto Markets" panel, stating: "Cryptocurrency is a very responsive asset class. I think that halving alone may not be enough to ensure the arrival of a bull market. What is important is how we reach the current price when halving occurs, as well as the macroeconomic conditions that exist at that time. As cryptocurrency continues to mature, I believe this asset class will become more and more aligned with broader risk assets. So, you know, the halving effect may weaken over time. But I think 2024 will definitely be a very interesting year, especially due to the partisan issues that dominate the flow of institutional funds in the United States."