2024 BTC cycle 'dramatically' underperforming previous halvings: Analyst

2024 BTC cycle 'dramatically' underperforming previous halvings: Analyst

2.16%TRX$0.3295 0.04%LINK$9.04 3.03%ADA$0.2424 3.02%BCH$436.70 1.84%XRP$1.40 2.32%ETH$2,260 4.23%BTC$74,088 2.31%XMR$347.13 0.90%BNB$617.61 2.30%XLM$0.1679 1.56%SOL$84.25 2.28%HYPE$40.98 7.77%USD Written by Vince Quill,Staff WriterReviewed by Robert Lakin,Staff Editor2024 BTC cycle 'dramatically' underperforming previous halvings: Analyst3 hours agoVolatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy's Alex Thorn. The current Bitcoin (BTC) market cycle is “dramatically” weaker than the three previous cycles, according to Alex Thorn, the head of firmwide research at investment firm Galaxy. Thorn compared price action since the April 2024 Bitcoin halving to cycles triggered in 2012, 2016 and 2020; the current cycle shows significantly dampened volatility and lower upside. The all-time high above $125,000 o

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