According to BlockBeats, ETC Group's Research Director, André Dragosch, reported on April 22 that there was a significant downward reversal in the beta values of global crypto hedge funds last week, with Bitcoin long futures liquidations taking the lead. However, crypto assets have now rebounded from the losses triggered by geopolitical tensions during the Bitcoin halving period.
Dragosch believes that any positive impacts related to the halving have not yet been reflected in the market. Such effects are likely to start appearing approximately 100 days after the halving event. This delay is due to the supply shortage caused by Bitcoin halving, which only accumulates over time.