Do you know? The currency circle is enjoying the halving market. There are less than 250 days left for the Bitcoin halving that occurs every four years! According to Satoshi Nakamoto’s design, the Bitcoin block reward is halved every four years on average, and each halving will bring about a bull market in the currency circle. Based on the current computing power of the entire network, the next halving is expected to occur in April next year. As the day of Bitcoin block reward halving approaches, more and more investors expect that this round of halving will bring the price of Bitcoin to new historical heights. Let’s take a look at the gains in each bull market!
First halving: Coin price rose 8450% in 2012
Second halving: Coin price rose 290% in 2016
The third halving: Coin prices rose 560% in 2019