When Is the Next Bitcoin Halving?
The fourth Bitcoin halving was completed on April 2024. It is difficult to predict the exact date of the next halving as it depends on the block height. Since halving happens every 210,000 blocks, the next Bitcoin halving is expected to occur in 2028.
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Will the Bitcoin Halving Increase BTC’s Price?
Following the April 2024 halving, Bitcoin experienced slight positive price movement. It's important to remember that past performance does not necessarily indicate future results and various market factors can influence the impact of the halving on Bitcoin’s price.

Future price trends will depend on multiple factors, including continued crypto adoption, market sentiment, demand dynamics, regulations, among other things.

Below are the price surges BTC witnessed six months post-halving:
First Halving
November 28, 2012
On the day of the halving, the price of Bitcoin was approximately $12. Six months later, around May 28, 2013, the price had risen significantly to about $130, showcasing a substantial increase.
Second Halving
July 9, 2016
The price of Bitcoin was around $660 on the day of the halving. Around January 9, 2017, the price increased to about $900, indicating a considerable growth in value over six months.
Third Halving
May 11, 2020
Bitcoin's price was approximately $8,600 on the day of the halving and it rose to over $15,700 six months later, around November 11, 2020.
Fourth Halving
April 20, 2024
The price of Bitcoin witnessed a surge before the actual halving event. BTC price was approximately $64,262 on the day of the halving on April 19, 2024 with minor positive price action post the halving event.
Bitcoin Halving History
Since Bitcoin's launch in 2009, the mining reward has been halved four times. The first halving in November 2012 cut the reward from 50 BTC to 25 BTC. Subsequent halvings occurred in July 2016 (12.5 BTC) and May 2020 (6.25 BTC). Most recently, the reward was halved again in April 2024, bringing it down to 3.125 BTC per block. These halvings are essential to Bitcoin's scarcity and control inflation, ensuring the total supply never surpasses 21 million coins and aligning with its deflationary principles.
Frequently Asked Questions
What Is a Bitcoin Halving?
Bitcoin halving is a prescheduled event where the reward for mining and verifying new blocks is reduced by 50% and miners earn only half the number of BTC per mined block. Scheduled to take place every 210,000 blocks, or approximately every four years, Bitcoin halvings continue until the network has produced the maximum total supply of 21 million BTC.
What Happens When Bitcoin Halves?
When Bitcoin halves, the reward for mining a new block is cut in half. This reduces the rate at which new BTC are created, effectively lowering the inflation rate of the cryptocurrency. The halving event occurs approximately every four years and is part of Bitcoin's controlled supply, aiming to limit the total number of BTC to 21 million.
Why Are the Halvings Occurring Less Than Every Four Years?
The Bitcoin mining algorithm has a target block time of approximately 10 minutes. However, the actual time can vary, with some blocks taking more or less than 10 minutes to mine. This variation can affect the time frame to reach the next halving, which is expected to take place in 2028.
Does Bitcoin Halving Affect Altcoins?
Bitcoin halving events draw attention to the cryptocurrency market, including Altcoins. Investors may become more optimistic about the potential price growth of other cryptocurrencies. This excitement can lead to increased investment in Altcoins, causing their prices to rise. Additionally, some miners may switch to mine Altcoins that offer better rewards as Bitcoin's mining reward decreases.

Further Reading
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