Bitcoin halving cycle reaches midpoint: Modest growth
Bitcoin has reached the midpoint of its halving cycle, showing modest gains and increased institutional involvement. The next halving is set for April 2028, signaling greater maturity and stability.
Bitcoin has officially crossed the halfway point in its fifth halving cycle, with the next halving anticipated in April 2028. The current cycle began in April 2024, reducing the block reward to 3.125 BTC and resulting in about 450 new coins issued daily. Roughly 105,000 blocks remain until the next halving event. Unlike previous cycles, Bitcoin's price gains have been modest, rising around 15% since the last halving. This reflects a shift toward a more mature and stable asset class. The market has experienced notable volatility, with prices peaking near $126,000 in October 2024, correcting to $60,000, and currently trading around $31,000. Analysts attribute the slower growth to increased institutional participation, broader adoption, and evolving global economic and regulatory factors. These elements have contributed to greater market stability and reduced speculative swings. With the 20 millionth coin already mined, Bitcoin continues its path toward the 21 million supply cap, maintaining strong trading activity and its status as the leading cryptocurrency.