Bitcoin Halving Price History

By Nilesh Hembade 19.04.2024

ALL IMAGE CREDITS: PIXABAY

whAT IS BITCOIN HALVING

About every four years, the reward for mining new Bitcoin blocks is cut in half. This is done to control the supply of Bitcoin and make it more like scarce resources such as gold.

2012 halving

 reward DROPPED: 50 BTC to 25 btc PRICE INCREASED: $13 TO $1,152

2016 halving

 reward DROPPED: 25 BTC to 12.5 btc PRICE INCREASED: $664 TO $17,760

2020 halving

 reward DROPPED: 12.5 BTC to 6.25 btc PRICE INCREASED: $9,734 TO $67,551

2024 halving

PREDICTION PRICE:  $1,17000

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