$BTC Bitcoin Halving Losing Impact

$BTC The so-called Bitcoin halving, in which the reward for mining new Bitcoins is halved, has historically been a guarantee of massive price gains. Historically, the Bitcoin price has always surged after the past three halvings. While the price increased by an incredible 7,000 percent in the twelve months following the first halving in 2012, the price increase after the 2016 event was still 291 percent. In the year following the 2020 event, the price rose by over 541 percent, according to data from data provider Kaiko.

Since the last halving on April 19, 2024, Bitcoin has gained just over 43 percent – a historic low compared to previous cycles. As the experts noted in their report, this is the "weakest post-halving performance on record in percentage terms."