A Bitcoin halving usually brings about increased interest and speculation since the rewards offered in blocks diminish, more so in the crypto marketplace. Such emotion can help to put better conditions within which various crypto assets can be invested, including those in the NFT and metaverse zones.
The impact of Bitcoin halving is big in the industry because Bitcoin halving is the begining of the new cycle that gives the entire market bullish sentiment. The market don't use to get bullish until we get closer to the Bitcoin halving. Since Bitcoin is the biggest cryptocurrency and anything that it does affect the whole industry, Bitcoin halving is more like a sign of hope for all investors and people anticipate it before they start making their investments. The effects doesn't only affect the price of Bitcoin but it also influences the price of other cryptocurrency. Bitcoin halving will always have an impact in the market until something else becomes the front runner for the bull market. Every investors in the market knows about Bitcoin hence the reason Bitcoin control the market.