2015: Very low, less than 0.10$ 2016: Approximately $1 - $2 2017: Around $300 2018: Roughly $200 2019: About $190 2020: Around $375 2021: Approximately $3,500 2022: Roughly $1,600 2023: Approximately $1,611 2024: Around $2,410
The Magic of Bitcoin Halving and how It Affects Prices and What Investors Think
Bitcoin halving is a special event in the world of cryptocurrency. It does happen around every four years and has a big impact on how much Bitcoin is made and how people feel about investing in it. Let's talk about why this matters, especially as we get closer to the 2024 halving.
So, what is Bitcoin halving exactly? Well, imagine Bitcoin as a treasure or virtual gold that miners find by solving complex puzzles. When they find this treasure, they get rewarded with new Bitcoin. But every four years, this reward gets cut in half. In 2024, miners will get half the Bitcoin they used to for finding a new block before April 2024.
Now, why does this affect prices? It's like having a limited edition of toy – when there's less of it, people want it more and more. The same goes for Bitcoin. Less Bitcoin being made means it becomes more valuable. That's why, in the past, Bitcoin prices have gone up after each halving. This Bitcoin halving is so special because the price of Bitcoin has crossed its previous all-time high of $69K even before halving. It has happened because of Bitcoin ETF and institutional buying of BTC. Lets evaluate the value of bitcoin in every halving day. In November 2012, it was at $12, in July 2016 its price was at $664, in May 2020 the price was at $8600. It went $69000 from $8600. Surprisingly before the halving of April 2024 it has made new all-time high of $73800.
This event also affects how investors feel about Bitcoin. Before the halving, people get excited. They think the price will go up, so they want to buy more. After the halving, they feel more confident in Bitcoin's future. They see it as a good investment because there's less of it around.
So, as we get ready for the 2024 halving, it's good to understand how it works and why it matters. Just remember, while halving can be exciting, it's smart to keep an eye on what's happening in the big picture of cryptocurrency. $BTC #HotTrends #Halving #HalvingHorizons #Binance #BitcoinHalvingMagic
💎 Altcoin Picks for the Week $Lumia $SCR $GRASS $GOAT $JUP $TURBO $FET $SAND $ENS $LDO $AXS $GALA $SEI These coins could make you rich. Don’t miss the bull ride! 🚀 #Altcoins #CryptoGems #CryptoMarket #altseason2025 #Write2Earn!
Market Liquidations in the Last 24 Hrs: Total: $286.54MLongs: $149.21MShorts: $137.27M 96,099 traders liquidated. Stay sharp and manage your risk! #CryptoTrading #MarketUpdate #Liquidations #Write2Earn!
$BTC Dominance: 57.2% $ETH Dominance: 12.9% Altcoins are gearing up for a strong push. Keep an eye on the top movers: $TORN, $THE, $NMT, $ZEN. #Bitcoin #Ethereum #Altcoins #CryptoNews #Write2Earn!
📉 BTC Update $BTC finds support at $90,079, may test $88,100 or $85,000 for a healthy retracement. Resistance levels: $94,800 → $96,500. Meanwhile, $ETH pumps. 💥 #BTC #CryptoAnalysis #Bitcoin #Ethereum #Write2Earn!
Total Crypto Market Cap: $3.26T, Up 3.65% Fear & Greed: 83/100 #Bitcoin price trades around $94,364 Up 2.51% BTC Dominance 57.2% #Ethereum price trades around $3477 Up 5.16% ETH Dominance 12.9%
BTC Price: As I told you in my last update that BTC will keep on falling day by dy. BTC fall to the support of $9079. Well BTC should go down to $88100 and then $85,000. This would be a healthy retracement, If BTC takes the flight of upward we can face the resistance at $94,800 and then $96,500. Meanwhile we can see a pump in ETH and other altcoins. So enjoy the ride in altcoins. In This week, $Lumia $SCR $GRASS $GOAT $JUP $TURBO $FET $SAND $ENS $LDO $AXS $GALA $SEI can make you rich. Enjoy the bull run, Don’t do short in this time. In the past 24 hours , 96,099 traders were liquidated , the total liquidations comes in at $286.54 million, Long $149.21M, Short $137.27M. Let’s keep an eye on the charts and trade smartly! #MarketBuyOrHold? #Write2Earn! #Bitcoin
These Coins can go up from 1x to 5x in Remaining 2024. 1. $ETH – The Queen crypto, leading the charge 🚀 2. $TON – Gaining momentum and turning heads 📈 3. $SHIB – Riding a wave of positivity 🌊 4. $DOT – Impressing with solid gains ✨ 5. $LINK – Making bold moves in the market 💪 6. $GOAT – The New Promising Memecoin on Solana 7. $WIF – The Silent machine, A perfect Memecoin 8. $GRASS – Decentralized data layer built AI 9. $FET – All time perfect coin in artificial intelligence 10. $JUP – Jupiter is the leading DeFi dApp on Solana💡 I am Bullish on $GRIM toowhat about you? 👀🔥 Any coin you think can do 1x in this week ? #Altseason2025 #Bitcoin #memecoin #Write2Earn!
Bitcoin Dominance is Falling | Altseason is Here! The long-awaited Altseason is finally kicking off!Bitcoin Dominance ($BTC.D): It's breaking below a critical support level. Now its at 58.9%What This Means: If Bitcoin dominance keeps dropping, the market focus could shift heavily toward altcoins.Potential Outcome: Get ready for altcoins to soar as they take center stage in the crypto market!📈 Time to keep an eye on your favorite alts—big moves could be ahead! 🌟 I am going to fill my bags with good altcoins like $ETH $TON $GOAT $SUI $JUP $WIF $PNUT $PEPE $DOGE $TURBO $GRASS $FET $TAO $INJTell me Which other coins should i go for ? #BTCDOMINANCE #Altseason2025 #Bitcoins #Write2Earn!
Top 10 AI #Cryptocurrencies that have been most searched on Internet in 2024
Here are the top 10 AI #Cryptocurrencies that have been most searched on Internet in 2024 1. $FET - Fetch.ai 2. $GRT - The Graph 3. $RNDR - Render Token 4. $TAO - Bittensor 5. $DSYNC - Destra Network 6. $AIOZ - AIOZ Network 7. $PAAL - Paal AI 8. $0x0 - 0x0 Exchange 9. $GPU - Node AI 10. $HASHAI - Hash AI
Analysis of these coins Fetch.ai (FET) has been a focal point due to its ambitious goal of creating a decentralized digital economy powered by autonomous AI agents. The project's strategic part
🚨 BREAKING: Bitcoin Spot ETF volume hit $5.1B today! 💥Institutional FOMO is REAL 🔥$150K - $200K BTC could be on the horizon! 🚀 #Bitcoin #CryptoCommunity #btc100k
Altcoins to Watch in This Week$Lumia $SCR $GRASS $GOAT $JUP $TURBO $FET $SAND $ENS $LDO $AXS $GALA $SEI Ready for massive gains this week? 🚀 Don’t short now, enjoy the bull run! Write Down which is your Favourite ? #Altcoins #CryptoTrading #AltSeason2025 #BTCBreaks100K? #Write2Earn!