According to Material Indicators, the traditional 4-year cycle in cryptocurrency markets is being scrutinized for its current relevance. The discussion highlighted that while historical data has shown recurring patterns aligned with Bitcoin's halving events, recent market dynamics and external economic factors might be causing deviations. Traders are advised to consider these evolving factors when strategizing, as reliance solely on the 4-year cycle could lead to misaligned expectations. Source: Material Indicators.

According to @CryptoMichNL, the cryptocurrency markets are currently consolidating but remain aligned with the expected four-year cycle. Despite various market variables, the cycle is proceeding as anticipated. The ongoing Bitcoin halving has not significantly impacted market movements, suggesting a stable period for traders.

According to Farside Investors, all the main listed cryptocurrency miners have published their June 2024 production figures, except for HIVE Blockchain Technologies ($HIVE). The data reveals the significant impact of the Bitcoin halving event on mining output.

According to @intotheblock, Bitcoin miners have sold over 30,000 BTC, equivalent to around $2 billion, since June. This represents the fastest pace of selling in over a year. The recent Bitcoin halving has tightened profit margins for miners, prompting this significant sell-off.