Coinbase: Bitcoin halving may have a positive impact on prices, but other factors cannot be ignored
ChainCatcher news, according to a report by CoinDesk, Coinbase stated in a research report on Wednesday that historical precedents suggest that BTC's recent strong performance will continue into the upcoming halving, as this event reduces the supply of new BTC, but investors should be cautious of this view.Coinbase pointed out that in the six months prior to previous halvings, BTC averaged a 61% increase, and in the six months following, it averaged a 348% increase. The report stated: "While the halving may have a positive impact on BTC's performance, historical evidence regarding this relationship remains limited, and thus there is some speculation involved."Coinbase stated, "BTC does not operate in a vacuum," and its price is influenced by other factors, such as macroeconomic factors. Its recent rebound is more due to the enthusiasm surrounding the prospects of a spot ETF rather than optimism about the halving.