Bitcoin’s Post-Halving Demand to Be 5x Greater Than Supply, Bitfinex Estimates

“With the daily issuance rate declining post-halving, we estimate that the new supply added to the market (new BTC mined) would amount to approximately $40-$50 million in USD-notional terms based on issuance trends. It is expected that this could possibly drop over time to $30 million per day, including active and dormant supply as well as miner selling, especially as smaller miner operations are forced to shut down shop,” analysts at Bitfinex said in a report shared with CoinDesk.

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• Source: https://www.coindesk.com/markets/2024/04/23/bitcoins-post-halving-demand-to-be-5x-greater-than-supply-bitfinex-estimates/?utm_medium=referral&utm_source=rss&utm_campaign=headlines