Bitcoin Halving Event Happened, But 2025 Is The Year of New High - Coincu

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News Bitcoin Halving Event Happened, But 2025 Is The Year of New High 19 mins ago - Around 2 mins mins to read

Key Points:

Bitcoin’s price has dropped 12% since the last halving, with historical price patterns becoming less predictable.

Bitcoin halving events usually lead to price surges, but BTC hit a new peak of $73,800 in March 2024 before the halving, partly due to U.S. Bitcoin ETF approvals.

External factors, including regulations, are now significantly influencing Bitcoin’s price outlook, adding uncertainty to the market.

Bitcoin’s volatility is now at its worst following a halving event, and the four-year growth cycle is less predictable.

Read more: Bitcoin Hash Rate Continues to Increase With New All Time High

Weirdest Bitcoin Halving Event in History

According to data from IntoTheBlock, the price of BTC was around 63,900 dollars during the last Bitcoin halving event. It has fallen by some 12% since.

Historically speaking, peaks in BTC tend to occur about 480 days after a Bitcoin halving event, meaning the next high would fall due in the summer of 2025. In the past, major price surges within 6 to 12 months following prior events ushered in new growth cycles for the crypto market. Indeed, investors were highly expecting these events to drive fresh all-time highs into this market.

A Bitcoin halving event is a pre-set event occurring every four years wherein mining rewards are shaved by 50%. The idea behind this mechanism was to avoid inflationary pressures, which would occur because more and more new Bitcoins would come into the market, raising prices if demand remained constant. At the same time, this does not save Bitcoin from inflation in fiat currencies.

Extrinsic Factors Make Bitcoin’s Future Outlook Uncertain

Already, the 2024 cycle has broken some traditional patterns. In March, before the halving occurred, Bitcoin reached an all-time high of $73,800. This unexpected surge was attributed to approval of Bitcoin ETFs in the United States that enabled wider access to Bitcoin among institutional investors.

Pivotal as it may have been, Bitcoin halving has come to, at best, depend mainly on regulatory changes and market sentiment. This could mean the whole cryptocurrency market might sail into more uncharted waters shortly.

Bitcoin Bitcoin ETF Bitcoin halving bitcoin price BTC Halving

Author Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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Bitcoin Halving Event Happened, But 2025 Is The Year of New High

Key Points:

Bitcoin’s price has dropped 12% since the last halving, with historical price patterns becoming less predictable.

Bitcoin halving events usually lead to price surges, but BTC hit a new peak of $73,800 in March 2024 before the halving, partly due to U.S. Bitcoin ETF approvals.

External factors, including regulations, are now significantly influencing Bitcoin’s price outlook, adding uncertainty to the market.

Bitcoin’s volatility is now at its worst following a halving event, and the four-year growth cycle is less predictable.

Read more: Bitcoin Hash Rate Continues to Increase With New All Time High

Weirdest Bitcoin Halving Event in History

According to data from IntoTheBlock, the price of BTC was around 63,900 dollars during the last Bitcoin halving event. It has fallen by some 12% since.

Historically speaking, peaks in BTC tend to occur about 480 days after a Bitcoin halving event, meaning the next high would fall due in the summer of 2025. In the past, major price surges within 6 to 12 months following prior events ushered in new growth cycles for the crypto market. Indeed, investors were highly expecting these events to drive fresh all-time highs into this market.

A Bitcoin halving event is a pre-set event occurring every four years wherein mining rewards are shaved by 50%. The idea behind this mechanism was to avoid inflationary pressures, which would occur because more and more new Bitcoins would come into the market, raising prices if demand remained constant. At the same time, this does not save Bitcoin from inflation in fiat currencies.

Extrinsic Factors Make Bitcoin’s Future Outlook Uncertain

Already, the 2024 cycle has broken some traditional patterns. In March, before the halving occurred, Bitcoin reached an all-time high of $73,800. This unexpected surge was attributed to approval of Bitcoin ETFs in the United States that enabled wider access to Bitcoin among institutional investors.

Pivotal as it may have been, Bitcoin halving has come to, at best, depend mainly on regulatory changes and market sentiment. This could mean the whole cryptocurrency market might sail into more uncharted waters shortly.

Visited 1 times, 1 visit(s) today

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Key Points:

Bitcoin’s price has dropped 12% since the last halving, with historical price patterns becoming less predictable.

Bitcoin halving events usually lead to price surges, but BTC hit a new peak of $73,800 in March 2024 before the halving, partly due to U.S. Bitcoin ETF approvals.

External factors, including regulations, are now significantly influencing Bitcoin’s price outlook, adding uncertainty to the market.

Bitcoin’s volatility is now at its worst following a halving event, and the four-year growth cycle is less predictable.

Read more: Bitcoin Hash Rate Continues to Increase With New All Time High

Weirdest Bitcoin Halving Event in History

According to data from IntoTheBlock, the price of BTC was around 63,900 dollars during the last Bitcoin halving event. It has fallen by some 12% since.

Historically speaking, peaks in BTC tend to occur about 480 days after a Bitcoin halving event, meaning the next high would fall due in the summer of 2025. In the past, major price surges within 6 to 12 months following prior events ushered in new growth cycles for the crypto market. Indeed, investors were highly expecting these events to drive fresh all-time highs into this market.

A Bitcoin halving event is a pre-set event occurring every four years wherein mining rewards are shaved by 50%. The idea behind this mechanism was to avoid inflationary pressures, which would occur because more and more new Bitcoins would come into the market, raising prices if demand remained constant. At the same time, this does not save Bitcoin from inflation in fiat currencies.

Extrinsic Factors Make Bitcoin’s Future Outlook Uncertain

Already, the 2024 cycle has broken some traditional patterns. In March, before the halving occurred, Bitcoin reached an all-time high of $73,800. This unexpected surge was attributed to approval of Bitcoin ETFs in the United States that enabled wider access to Bitcoin among institutional investors.

Pivotal as it may have been, Bitcoin halving has come to, at best, depend mainly on regulatory changes and market sentiment. This could mean the whole cryptocurrency market might sail into more uncharted waters shortly.

Visited 1 times, 1 visit(s) today

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