While the direct aftermath did not mirror the sharp sell-off seen in 2016, miners experienced a 'double whammy’ due to the price recovery preceding the halving, followed by a reduction in issuance that compounded their challenges.
The 2020 halving presented a more complex scenario. While the direct aftermath did not mirror the sharp sell-off seen in 2016, miners experienced a 'double whammy’ due to the price recovery preceding the halving, followed by a reduction in issuance that compounded their challenges. This period did not exhibit a traditional sell-the-news event but underscored the nuanced market reactions to halving events, influenced by broader economic conditions and market sentiment.