What Happened After the 2020 Halving?
Halving 2020 Date
The Bitcoin 2020 Halving took place on May 11, 2020.
What Happened Before the 2020 Halving?
The Bitcoin price hit a low of $3,858.00 USD
on March 12, 2020.
In the next two months before the halving, the price would nearly triple and hit $10,000 USD on May 6, 2020, which was 5 days before the halving.
In the chart below, the black vertical line is the day the 2020 halving took place:
What Happened After the 2020 Halving?
Usually, the Bitcoin price goes up shortly after halvings.
And that's exactly what happened in 2020
after the halving.
By the end of July 2020, Bitcoin's price came roaring back from its 2020 low of $3,858.00 USD and hit more than $12,100 USD in late July 2020.
By the end of 2020, Bitcoin went on to hit more than $30,000 USD per bitcoin and hit nearly $42,000 per bitcoin by January 2021.
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