Not only that, some pundits have commented that the aforementioned “supply shock” could compromise the security of Bitcoin by causing a rapid drop in miner hash power.
So, how is the upcoming halving going to impact BTC’s overall market sentiment and trust?
Similarly, Prince believes that the crypto market is now ready for an influx of institutional money.
The halving likely has little to do with this.”Market sentiment has already improved significantlyAmid the global economic uncertainty, it seems as though cryptocurrencies have been steadily gaining an air of trust and legitimacy around them.
Speaking on this issue, De Corrado believes that irrespective of how BTC’s financial future plays out after the halving, the currency’s reputation will most likely remain unaffected.

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