Bitcoin News

Major Shift in Bitcoin Investing Dynamics Ahead Halving: Matrixport

Bitcoin's 23% surge to $51,380, driven by US trading hours, anticipates the upcoming Bitcoin halving and Matrixport's role, signaling continued bullish momentum.
Published by
Major Shift in Bitcoin Investing Dynamics Ahead Halving: Matrixport

Highlights

  • Bitcoin's price spikes by 23% over the last month, with 12% of the increase attributed to US trading hours.
  • Global trading activity collectively drives Bitcoin's upward momentum, highlighting its mainstream acceptance.
  • Social media channels like VERDARE's play a significant role in shaping market sentiment amidst Bitcoin's rise to $51,380.

Bitcoin prices have surged by 23% over the last month, with a notable portion of this increase attributed to trading activity during US trading hours. Analysis indicates that approximately 12% of Bitcoin’s recent price rise can be directly linked to transactions occurring within the US trading sessions.

The significance of US trading hours in driving Bitcoin’s price surge underscores the growing influence of American investors on the cryptocurrency market. With Bitcoin’s current price standing at $51,380, experts emphasize the pivotal role played by US investors in shaping the digital asset’s price trajectory.

Amidst anticipation for the fourth Bitcoin halving, slated for April, which will cut block rewards to 3.215 bitcoin from 6.25 bitcoin, a 50% reduction. With roughly 8,600 bitcoin blocks remaining until the event, experts recall past halvings’ impact: Bitcoin soared to $1,000 post-2012 halving and $20,000 after the 2016 halving. In 2020, the last halving preceded Bitcoin’s all-time high of $69,000. While historical data suggests a delayed reaction to halvings, they historically serve as catalysts for bullish momentum.

Advertisement

Global Contributions to Bitcoin’s Price Growth

Bitcoin’s current price stands at $51k, marking a significant surge over the past month. While the focus often turns to the role of US trading hours in driving this growth, it’s imperative to recognize the broader global landscape shaping Bitcoin’s trajectory. Market data underscores the collective impact of trading activities across various regions on Bitcoin’s upward momentum.

From Asia to Europe and beyond, investors worldwide are actively participating in the cryptocurrency market, fueling the continuous rise in Bitcoin’s value. This global participation not only reflects the widespread adoption of Bitcoin but also signifies its increasing mainstream acceptance as an investment asset. As more individuals and institutions across different parts of the world embrace Bitcoin, its significance in the global financial landscape continues to solidify.

Also Read: Grayscale’s GBTC Sees Dip Amidst Bitcoin ETF Inflow Surge

Advertisement

Analysis of Buy Flows and Social Media Impact

In addition to trading activities, the analysis of buy flows reveals robust purchasing behavior, particularly during US trading hours, which continues to bolster Bitcoin’s price. Furthermore, social media channels such as VERDARE’s are exerting a significant influence on market sentiment and shaping Bitcoin’s price movements.

The correlation between social media activity and Bitcoin price fluctuations underscores the interconnectedness of digital communication platforms and cryptocurrency markets. With Bitcoin’s current price at $51,380, investors are closely monitoring both traditional trading patterns and emerging digital trends to gauge the future direction of the cryptocurrency market.

Advertisement

Share
Coingapestaff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

Breaking: U.S. PCE Inflation Rises To 2.7% YoY, Bitcoin Bounces

The August U.S. PCE inflation data has dropped in line with expectations, although it suggests…

September 26, 2025
  • 24/7 Cryptocurrency News

Breaking: $10 Trillion Vanguard Plans to Offer Crypto ETFs to Brokerage Clients

Asset manager Vanguard, with $10 trillion in assets under management (AuM), is planning to offer…

September 26, 2025
  • 24/7 Cryptocurrency News

BlackRock Loads Up on Bitcoin, Files For Premium ETF to Increase BTC Yield

BlackRock has purchased $77 million for its BTC holdings through its flagship iShares Bitcoin Trust…

September 26, 2025
  • Top

Best 10 Crypto Cards for 2025

The crypto cards segment has exponentially grown, and so have the number of credit and…

September 26, 2025
  • 24/7 Cryptocurrency News

Expert Projects HYPE Token Upside as Bitwise Files for Hyperliquid ETF With SEC

An expert has projected a significant upside for the HYPE token, despite its recent dip…

September 26, 2025
  • 24/7 Cryptocurrency News

Expert Says Crypto ETFs Could Be ‘Death-Knell’ for Treasury Firms MSTR, MTPLF, BMNR, SBET

ETF expert Nate Geraci, also the President of Nova Dius Wealth, made a bold prediction…

September 26, 2025