Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge
Submitted by Anonymous (not verified) on Wed, 04/10/2024 - 11:10
Fred Thiel, CEO of Marathon Digital Holdings Inc., suggested that recent spot Bitcoin ETF approvals have accelerated the market’s appreciation, typically expected post-Bitcoin halving, by attracting significant capital into the market. Thiel remarked that this shift has led to an unusual pre-halving price increase, diverging from the traditional pre-halving price decline, with Marathon’s break-even rate […]