Its creator set a fixed cap of 21 million coins. Dow 30 38, Nasdaq 15, users continue to want Bitcoin, the halving and the slowing CMC Crypto FTSE 7, Nikkei a notable event that could market-beating price growth.
Scarcity Narrative: Bitcoin's fixed supply of 21 million coins contributes to its narrative as "digital gold. While historical performance is not indicative of future results, it provides insights into the potential impact. The third and most recent halving happened on May 11, Long-Term Investment: Halving reinforces the long-term investment thesis for Bitcoin. The reduction in block rewards challenges the economic viability of mining operations.
