The Bitcoin market has experienced a significant downturn following its fourth halving, confounding expectations of a surge similar to previous cycles. Since the halving event on April 20, Bitcoin’s value has plummeted by 11%. It was trading around $64,000 at the time of the halving, briefly climbed above $67,000 two days later, but then dropped to below $57,000 by May 1, as per CoinGecko. Currently, the price stands at $57,362, marking a 7% decrease over the last 24 hours and a 17% decline over the month. This downturn has surprised market observers who anticipated a rise post-halving, in line with
