HashKey Exchange@HashKeyExchange
We are 3 days away from the Bitcoin halving, where the mining inflation rate will be cut by half 🎉
If you are wondering why people are excited by the halving, here’s what happened with the previous halvings:
1⃣️First Halving (November 28, 2012):
👉 Price at halving: Approximately $11
👉 Peak price after halving: Approximately $1,150 (November 2013)
👉 Percentage increase: Over 10,000%
2⃣️Second Halving (July 9, 2016):
👉 Price at halving: Approximately $650
👉 Peak price after halving: Approximately $19,800 (December 2017)
👉 Percentage increase: Over 3,000%
3⃣️Third Halving (May 11, 2020):
👉 Price at halving: Approximately $8,700
👉 Peak price after halving: Approximately $68,700 (November 2021)
👉 Percentage increase: Over 600%
4⃣️Fourth Halving (April 20, 2024):
👉 Price at halving: Approximately $65,000
👉 Peak price after halving: ???
👉 Percentage increase: ???
Leave your thoughts below. #hashkey #BTCHalving $BTC