🧨 The 2016 Bitcoin Halving That Sparked a Bull Run
On July 9, 2016, Bitcoin underwent its second halving event, reducing the block reward from 25 BTC to 12.5 BTC. While it seemed technical at the time, this moment turned out to be the trigger for one of the largest bull runs in crypto history.
⛏️ What is halving?
Roughly every 4 years, Bitcoin cuts its mining reward in half to control inflation and simulate digital scarcity — just like gold becoming harder to mine.
📈 After the 2016 halving, Bitcoin slowly rose from around $650 to nearly $20,000 by the end of 2017 — marking crypto’s entry into the global financial spotlight.
💡 This event cemented the halving as one of Bitcoin’s most important economic mechanisms and a predictable supply shock that draws massive investor interest every cycle.
