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02.02 / 09:25
Bitcoin price halving will stir next frenzy on cryptocurrency: Exchange
Another pronounced bull run for Bitcoin is coming in 2024 when the world’s largest cryptocurrency goes through another halving, according to Thailand’s largest digital-asset exchange. Halving occurs every four years, slowing the rate at which new tokens are created. Some argue it leads to Bitcoin price gains, a topic of much debate. Jirayut Srupsrisopa, chief executive officer of Bitkub Capital Group Holdings, said past trends suggest a“golden period” for Bitcoin -- and cryptocurrencies more generally -- in 2024-2025, six months after the next halving.
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