11th anniversary of Bitcoin’s first halving: from $12 to $37,000

Bitcoin (

In the aftermath of the third Bitcoin halving, BTC surged as high as $69,000 in November 2021.

The anniversary of the first Bitcoin halving comes as the cryptocurrency community awaits the fourth Bitcoin halving, which is now expected to occur on April 17, 2024. Many Bitcoin advocates are especially bullish on the Bitcoin price in 2024 amid growing expectations that United States securities regulators could finally approve a spot Bitcoin exchange-traded fund.

The 2024 halving won’t be the last one, though. Bitcoin miner reward is expected to be halved 34 times until it reaches 0 BTC after all 21 million Bitcoins are mined. Based on the current schedule, the maximum supply of 21 million bitcoins will be reached around 2140.

Magazine: 5,050 Bitcoin for $5 in 2009: Helsinki’s claim to crypto fame