Amidst a market correction, Bitcoin, Ethereum, and Dogecoin observe a decline, with an analyst foreseeing forthcoming record peaks for the premier cryptocurrency as its halving event approaches. Last week witnessed Bitcoin's annualized 30-day historical volatility soaring to nearly 60%, eclipsing ether's realized volatility by almost 10 percentage points, marking the most substantial volatility differential in at least a year, as per data from Kaiko, headquartered in Paris. Historical volatility functions as an indicator of the magnitude of price fluctuations noted over a specific timeframe. The impending Bitcoin blockchain reward halving stands as a pivotal occurrence recurring every four years, poised to reduce the rate of Bitcoin emission per block by half, potentially sparking heightened volatility in the cryptocurrency domain. Set for April 21, this event will halve the reward allotted to miners per block to 3.125 BTC from the current 6.25 BTC. This halving will effectivel...
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