Bitcoin halving cycle passes halfway mark, now a mature institutional asset

The Bitcoin network has passed the halfway point of its fifth halving cycle, which began in April 2024, CoinDesk reported. In the current cycle, BTC has seen a notably modest gain of around 15% since the halving, a stark contrast to previous cycles. Experts interpret this, along with the volatility that saw Bitcoin surge past $126,000 last October before falling to $60,000, as a sign that the cryptocurrency has fully integrated as a mature institutional asset.