What does Bitcoin halving mean_What impact does it have on price?
What does Bitcoin halving mean_What impact does it have on price?
1. What is Bitcoin halving?
Bitcoin Halving refers to the mechanism in which the block rewards for miners in the Bitcoin network are reduced by half for every 210,000 blocks mined (about every four years) .
-
Binance
Direct to the official website:
Android installation package download:
-
Ouyi OKX ️
Direct to the official website:
Android installation package download:
-
Huobi Huobi️
Direct to the official website:
Android installation package download:
It is part of the Bitcoin currency model, with the aim of achieving a total scarcity (the total is 21 million coins) by gradually reducing the issuance speed .
Historical halving events:
Half time | Block height | Reward changes |
---|---|---|
November 2012 | 210,000 | 50 → 25 BTC |
July 2016 | 420,000 | 25 → 12.5 BTC |
May 2020 | 630,000 | 12.5 → 6.25 BTC |
April 2024 | 840,000 | 6.25 → 3.125 BTC |
2. What impact does halving have on Bitcoin price?
The halving directly affects the rate of supply of new coins , and if the supply decreases, it will theoretically form pressure for price increases.
Historical trend comparison:
- After halving in 2012: BTC rose from about $12 to over $1,100 within one year.
- After halving in 2016: It reached an all-time high of nearly $20,000 at the end of 2017.
- After halving in 2020: It rose to US$64,000 in April 2021.
A diagram of the impact path:
- Block rewards are halved → New BTC production is reduced
- Market supply pressure declines → scarcity increases
- If market demand maintains or increases → Prices tend to rise
3. What should investors pay attention to?
- Prices did not soar on the day of halving, usually expected to rise before halving, and volatility intensified after halving
- The bull market caused by halving usually lags behind by 3 to 12 months, and requires patience to hold for a long time.
- Factors such as market sentiment, macroeconomics, and capital flows will also affect the halving cycle
4. Predicting the next halving time
According to the block speed estimate, the next Bitcoin halving (fifth time) is expected to be in the first quarter of 2028 , when the reward will drop from 3.125 BTC to 1.5625 BTC.
V. Conclusion
The Bitcoin halving is one of the most economically regular events in the cryptocurrency world. It not only strengthens the scarcity logic of Bitcoin, but also has formed long-term support for prices in the past three rounds, and is an important window for observing the market cycle.
The above is the detailed content of What does Bitcoin halving mean_What impact does it have on price?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics









Blockchain confirmation time refers to the time it takes for a transaction to be broadcasted to be packaged by a block and written to the chain. The confirmation speeds of different chains vary. 1. Bitcoin produces blocks on average in 10 minutes, and it is recommended to confirm 6 times to ensure security; 2. Ethereum produces blocks in about 12 seconds, and 1-3 times can be confirmed, and most transactions are completed within 1 minute; 3. The BSC chain block time is about 3 seconds, suitable for high-frequency trading; 4. The TRON tide block time is 1-3 seconds, suitable for real-time transfer; 5. The Polygon block time is about 2 seconds, with low fees, and is widely used in DeFi and NFT. Trading hash (TxID) is required for query and confirmation status. Recommended platforms include: 1. Ouyi OKX, which supports multi-chain transaction query; 2. Binance, suitable for BSC chain; 3. Huobi HT

Blockchain browser is a must-have on-chain query tool for Web3 users. 1. It serves as a "search engine" in the decentralized world, allowing users to openly and transparently verify all records on the blockchain; 2. The core functions include querying transaction details, viewing account information, exploring block data and tracking smart contracts; 3. When tracking transactions, you need to obtain the transaction hash, select the browser corresponding to the public chain, and enter the hash to view the status, address, amount and fee details; 4. Confirm whether the transaction is successful through the browser is a key step to ensure the security of digital assets. Proficient use can help users better understand and participate in the blockchain ecosystem, thereby operating more safely and stably in the decentralized world.

Digital currency is a decentralized electronic currency based on blockchain technology. Its value is determined by market supply and demand. It is globally universal, transparent in transactions and has certain anonymity. 1. Binance is the largest platform in the world with transaction volume, providing rich currencies and a strong ecosystem. 2. OkX has a comprehensive product line, supporting derivatives trading and Web3 accounts, suitable for advanced users; 3. Huobi (Huobi/HTX) has a long history, is safe and stable, and is deeply trusted by old users; 4. Gat

In 2025, the cryptocurrency market will be driven by three major factors: clear policy supervision, in-depth institutional participation and technological innovation. 1. The United States may introduce a comprehensive crypto bill, and global regulatory coordination (such as the EU MiCA) will enhance the legitimacy of the industry; 2. Institutional funds will enter large-scale through compliant products such as Bitcoin and Ethereum ETFs, and exchanges such as Binance, OKX, Huobi, Gate.io and Coinbase will serve as core infrastructure to undertake institutional traffic; 3. The popularization of Layer 2 network will promote the scale of applications, and the tokenization of real-world assets (RWA) is expected to inject trillion-dollar liquidity into DeFi. The integration of AI and crypto will give birth to a new paradigm, jointly driving the growth of the industry's intrinsic value.

After experiencing the collapse of algorithmic stablecoins and stricter regulation, the US dollar stablecoin supported by fiat currency reserves has become the biggest winner in the market due to its high transparency and strong compliance, and its dominance has been consolidated. 1. Tether (USDT) has become the core trading pair of mainstream exchanges around the world such as Binance, Ouyi and Huobi with its maximum market value and extensive liquidity; 2. USD Coin (USDC) has won the favor of institutions for its high transparency and regular audits, and has widely supported it on platforms such as Binance, Ouyi and Coinbase; 3. First Digital USD (FDUSD) is an emerging compliant stablecoin, which has developed rapidly under the promotion of Binance and has gradually entered platforms such as Gate.io; 4. Dai (DA

Public keys are used to receive assets and identity identification, private keys are used to sign and control assets. The two are based on asymmetric encryption technologies such as ECDSA. Private keys can be derived from public keys but vice versa. mainstream platforms such as Ouyi OKX adopts multiple signatures and cold storage, Binance uses hardware isolation and layered permissions, Huobi HTX implements hot and cold separation and whitelisting mechanisms, and Gate.io gate combines multiple signatures and distributed storage; public keys and private keys are used in blockchain for identity authentication, asset control and decentralized login; key security management suggestions include offline backup, anti-phishing, enabling multi-factor authentication and using multi-signature or MPC; among different management methods, single keys are at high risk, multiple signatures are suitable for teams, and hardware equipment is highly secure but costly.

High-frequency trading is one of the most technologically-rich and capital-intensive areas in the virtual currency market. It is a competition about speed, algorithms and cutting-edge technology that ordinary market participants are hard to get involved. Understanding how it works will help us to have a deeper understanding of the complexity and specialization of the current digital asset market. For most people, it is more important to recognize and understand this phenomenon than to try it yourself.

Binance provides comprehensive market and trading, with fast official website and app data and wide coverage; 2. OkX market tools are powerful, supporting spot and futures and other multi-product data; 3. Huobi (HTX) has stable data and simple interface, suitable for novices; 4. Gate.io has rich currency, which is conducive to tracking niche projects; 5. CoinMarketCap is an authoritative data aggregation platform, providing market value ranking and macro analysis; 6. CoinGecko is neutral and comprehensive, and includes fast new coins and provides community and developer indicators; 7. TradingView is a benchmark for technical analysis, integrating multi-exchange data, powerful chart functions, and all have free web pages and app versions for use.