Bitcoin halving has different effects on its price. Here’s how previous halvings have impacted Bitcoin’s market price. First Halving (2012) – The first Bitcoin halving occurred on November 28, 2012. After the first set of 210,000 blocks are mined, the reward per block is reduced from 50 BTC to 25 BTC. Before the halving, Bitcoin was selling for $12 per Bitcoin. A year later, it was on the market for more than $960. Second Halving (2016) – The second halving occurred when 420,000 blocks were mined. On July 9, 2016, Bitcoin miners were rewarded 12.5 BTC per block. Before the second halving, Bitcoin was selling for around $665, and a year later, its price surged to $2,550. Third Halving (2020) – The 2020 Bitcoin halving occurred on May 11. When the third set of 210,000 blocks is mined, miner rewards are halved again to 6.25 BTC per block. On the last day of 2020, Bitcoin sold for over $29,000 (last year’s high). Fourth Halving (2024) – The next Bitcoin halving will occur in 2024, after 840,000 mined blocks have been mined. At that time, miners will be rewarded 3.125 BTC for each block. This process will continue until all 21 million BTC are mined, which some cryptocurrency enthusiasts say will continue until 2140. But who knows?