Supply and demand dynamics could mitigate concerns of a potential Bitcoin market supply shock during the upcoming mining reward halving in 2024, according to Bitvavo CEO Mark Nuvelstijn.
The co-founder of the Netherlands-based cryptocurrency exchange weighed in on Bitcoin-related market movements in conversation with Cointelegraph during the European Blockchain Convention held in Barcelona.
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Nuvelstijn expressed his belief that exchanges would likely have sufficient Bitcoin supply to meet the demand from users:
“If there’s more demand the price will increase, and it will keep increasing until there’s a match… Read more on Cointelegraph