On the latest episode of Cointelegraph’s Market Talks, host Ray Salmond spoke with Dan Rosen, associate director of derivatives at Luxor, a United States-based Bitcoin mining pool, research hub and service provider. The show discussed the upcoming Bitcoin halving and its potential impact on BTC price, Bitcoin’s volatility, and miners’ ability to hedge their operations via hash rate derivatives.Rosen believes that Bitcoin’s volatility is set to remain in the double-digits for years to come, but will eventually drop to a 20% or sub-20% annualized asset class in four or five years. Luxor’s hash rate derivatives provide miners with the option to predict and lock in future revenue during events of unexpected volatility that impact the efficiency of their operations.Regarding the macro and how this could impact Bitcoin’s price and its miners, Rosen said that the market is starting to realize that the 2% inflation target rate is unlikely to be achieved soon, and that inflation is likely to hover around the 2.5% to 3% range. He also believes that while Bitcoin price might not hit six figures leading into the halving or directly after it, there could be new lows over the next six months due to macro headwinds, followed by a stronger rally afterward.

Information	Details
Geography	North America
Countries	🇺🇸
Sentiment	neutral
Relevance Score	8
People	Ray Salmond, Dan Rosen
Companies	Luxor, Cointelegraph, Market Talks, Bitcoin, ETF
Currencies	Bitcoin, Ethereum, US Dollar
Securities	None