BITCOIN ‑ BTC
View the annual performance of BTC/USD, the cryptocurrency launched in 2009
Every crypto-investor has the Bitcoin Halving marked on their calendars. The event took place on 20 April 2024.
Past performance is not necessarily a reliable indicator of future results.
Speculation, increased trading volumes and high volatility
Three Halvings have already taken place since Satoshi Nakamoto produced the Bitcoin genesis block, and all of them have been surrounded by enormous speculation, leading to a sharp increase in trading volumes, high volatility and a massive soar in Bitcoin’s price.
- 28 November 2012
- From 50 BTC to 25 BTC per block
- Increase in the price per Bitcoin from USD 12 to USD 1,217 in one year
- 9 July 2016
- From 25 BTC to 12.5 BTC per block
- Increase in the price per Bitcoin from USD 647 to USD 20,000 on 17 December 2017
- 11 May 2020
- From 12.5 BTC to 6.25 BTC per block
- Increase in the price per Bitcoin from USD 8,788 to over USD 64,000 in less than one year
When Bitcoin creator(s), Satoshi Nakamoto, produced the Bitcoin genesis block back in 2009, they instituted halving events every 210’000 blocks until the number of Bitcoin in circulation reaches its limit, at 21 million. This event, which is coded into Bitcoin’s system and takes place approximately every 4 years, automatically reduces the amount of newly created Bitcoin entering circulation.
| Event | Date | Block number | Reward |
|---|---|---|---|
| Launch of Bitcoin | 3 January 2009 | 0 | 50 BTC |
| First halving | 28 November 2012 | 210'000 | 25 BTC |
| Second halving | 9 July 2016 | 420'000 | 12.5 BTC |
| Third halving | 11 May 2020 | 630'000 | 6.25 BTC |
| Fourth halving | 20 April 2024 | 840'000 | 3.125 BTC |
| Fifth halving | Expected 2028 | 1'050'000 | 1.5625 BTC |
| Sixth halving | Expected in 2032 | 1'260'000 | 0.78125 BTC |
