By Vince • April 19, 2024 11:01 pm •
Bitcoin’s halving is now complete! The crypto community has been intensely watching the highly-anticipated event for months now, yet the price hasn’t moved. What’s going on?
Despite all the hype, Bitcoin’s price does not immediately react after the halving.
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An analysis of previous Bitcoin halving cycles shows that the price begins reacting roughly six months after the halving event occurs.
Here are all the details of the 2024 Bitcoin halving, and always remember, this is not investment advice; do your own research before making any investment!
Bitcoin is now at block height 840,000
The halving has occurred!
The block subsidy is now 3.125 BTC
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Blockhash = 0000000000000000000320283a032748cef8227873ff4872689bf23f1cda83a5
— BitMEX Research (@BitMEXResearch) April 20, 2024
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