The 2024 Bitcoin Halving: What It Means for Supply, Miners & Markets
On April 20, 2024, Bitcoin's fourth halving reduced the block reward from 6.25 BTC to 3.125 BTC.
| Halving | Date | Reward (BTC) | Price 1yr After |
|---|---|---|---|
| 1st | Nov 2012 | 50 → 25 | +8,069% |
| 2nd | Jul 2016 | 25 → 12.5 | +284% |
| 3rd | May 2020 | 12.5 → 6.25 | +559% |
| 4th | Apr 2024 | 6.25 → 3.125 | +33% |
Post-halving price performance has historically been bullish. Past performance does not guarantee future results.
Historical record. The one-year figure for the 2024 halving compares $63,824 on 20 Apr 2024 with $85,091 on 20 Apr 2025 (Blockchain.com market-price series). The fifth halving, to 1.5625 BTC, is expected in 2028. ⚠️ Not financial advice.
