The Yield Wall: How a 4.473% Treasury Auction Is Repricing Bitcoin's Risk Equation"
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Fear
Market Sentiment
Block reward reduced to 3.125 BTC
92 million ARB released
Circulating supply increases by about 2%
Independent validator client goes live on mainnet
Raises validator limit and account abstraction
Team and early investor shares released
Block reward halving event
Improves data availability sampling efficiency
Bitcoin Season