For instance, in 2016, the market experienced a sharp sell-off from around $760 down to $540 - a correction of approximately 30% - right around the time of the halving.
For instance, in 2016, the market experienced a sharp sell-off from around $760 down to $540 - a correction of approximately 30% - right around the time of the halving. This drop was a classic example of market participants reacting to the event itself rather than its long-term supply implications, showcasing the halving's capacity to trigger immediate market volatility.