Mar 15, 2024
The Price of Bitcoin Has Historically Risen After Halving ⬆️
What we’re showing
Historical data showing the performance of Bitcoin after "halving".
What is halving?
Bitcoin halving is an event written into Bitcoin's code that cuts the reward for mining new Bitcoins in half, roughly every four years.
This slowly reduces the number of new Bitcoins entering circulation, which could potentially drive up the price of existing Bitcoins.
The fourth halving
Bitcoin’s fourth halving is expected to occur sometime in April 2024. After this event, the reward a cryptominer will receive for validating and adding transactions to the blockchain will fall from 6.25 to 3.125.
Dataset
| Halving Date | New BTC block reward | Price on halving day (USD) | Price 3 months later (USD) | % increase | Price 1 year later (USD) | % increase |
|---|---|---|---|---|---|---|
| Nov. 28, 2012 | 25 | 12 | 30 | 150 | 1,003 | 8025 |
| July 9, 2016 | 12.5 | 650 | 722 | 11 | 2,502 | 285 |
| May 11, 2020 | 6.25 | 8,572 | 11,393 | 33 | 56,764 | 562 |
| April 2024 (TBD) | 3.125 |
Data sources
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