Coinbase Report: Crypto Market Outlook Positive for Q2
According to BlockBeats, on April 2, CoinDesk reported that Coinbase said in a research report released on Friday that the cryptocurrency market has developed well in the second quarter, and most of the unfavorable factors found before are a thing of the past. These positive factors may "only become more apparent from the second half of April."
The report said that the Bitcoin reward halving, which is expected to be held from April 16 to 20, is still the main event on the supply side. The four-year halving refers to a 50% reduction in miner rewards, thereby reducing the growth rate of Bitcoin supply.