Three Rejections at $65,000: The Macro Ledger and the Coming Bitcoin Reckoning
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Fear
Market Sentiment
Team and early investor shares released
Block reward halving event
Independent validator client goes live on mainnet
Improves data availability sampling efficiency
Raises validator limit and account abstraction
Block reward reduced to 3.125 BTC
Circulating supply increases by about 2%
92 million ARB released
Bitcoin Season