'Satoshi Nakamoto' Handle Tweets 2024 Halving Will Pave The Way For Transaction Fee Supremacy: 'They Want To Silence You'
Portfolio Pulse from Mehab Qureshi
The Twitter handle claiming to be Satoshi Nakamoto, the pseudonymous creator of Bitcoin, has tweeted about the upcoming Bitcoin halving in 2024, which is expected to increase transaction fees. The tweet led to a 20% surge in the price of Bitcoin SV (BSV), a cryptocurrency that branched off from Bitcoin. Meanwhile, Bitcoin (BTC) was trading at $27,362.22, down 0.86% in the last 24 hours.

October 04, 2023 | 5:47 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Bitcoin's price may be affected by the upcoming halving in 2024, as suggested by the tweet from the account claiming to be Satoshi Nakamoto.
The tweet from the account claiming to be Satoshi Nakamoto suggests that the upcoming Bitcoin halving in 2024 could lead to an increase in transaction fees, which could potentially affect the price of Bitcoin. However, the actual impact on Bitcoin's price remains uncertain.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100