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Crypto.com CEO anticipates Bitcoin selling prior to halving

Crypto.com CEO, Kris Marszalek, remains positive about the long-term impact of Bitcoin’s upcoming halving event, despite anticipating short-term selling volatility. Marszalek pointed out the historical trend of price increases following halving events, but acknowledged uncertainty due to Bitcoin’s recent record highs. He believes that the halving will ultimately have a positive development for the market and expects significant action in the six months following the event. Bitcoin is currently trading at $63,132, down 14% from its March highs. Different industry figures hold varying opinions on the halving’s effects, with some suggesting potential benefits and others anticipating price declines.