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Nvidia StockThe Motley Fool
•80% Informative
Two high-profile hedge fund managers sold shares of Nvidia during the second quarter .
They reallocated capital to the iShares Bitcoin Trust , an exchange-traded fund that tracks Bitcoin .
Some Wall Street experts think Bitcoin could surge 83,000% upside.
Bitcoin currently trades at $ 59,000 , about 20% below its March peak.
Bitcoin miners earn block subsidies (newly minted Bitcoin ) for solving the cryptographic puzzles required to verify transactions.
But the payout is reduced by 50% every time 210,000 blocks are added to the blockchain.
The most recent halving event means miners will be minting less Bitcoin over the next four years .
Bitcoin has gone through three halving cycles, and its price has always peaked 12 to 18 months later .
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