Coinbase: The cryptocurrency market is developing well in the second quarter

According to a research report released by Coinbase (COIN) on Friday, the development of the cryptocurrency market in the second quarter is good, and most of the previously discovered negative factors have become a thing of the past. These positive factors may "only become more apparent from the second half of April." The report stated that the Bitcoin reward halving, which is expected to take place from April 16th to 20th, is still the main event in terms of supply. The halving, which occurs once every four years, refers to a 50% reduction in miner rewards, thereby reducing the growth rate of Bitcoin supply.