Bitcoin halving hype has faded and the coin hasn’t had any violent price swings since the event.
Over the past few weeks leading up to the halving, BTC accumulation rose to record levels as hodlers increased their position.
Bitcoin exchange withdrawals dropped substantially on 12th March which coincided with the falling price.
Interestingly, this trend has picked up once again after the halving despite its steady price rise.
With respect to Bitcoin’s price action, Ethereum was observed to be pulling its price away as it muted despite the former’s rise in valuation.

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