November 12, 2024

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Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge

1 min read
Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge
Marathon CEO Credits Bitcoin ETF on Pre-Halving Price SurgeFred 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 […]