The world’s largest cryptocurrency, Bitcoin (BTC), is currently going through a slump. Despite this, it is important to note that the king coin has recorded a notable spike throughout the past year that pushed BTC above $100,000. While Donald Trump’s historic win played a prominent role in this, Bitcoin halving that occurred in April 2024 also acted as a catalyst. This article dives into how much an investment made during the halving event would turn into today.
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How High is Bitcoin Trading Today?
The past month has been challenging for Bitcoin. The king coin throughout the past seven days has witnessed a slight recovery of 5.21% and was seen reaching towards $90,000. At the time of writing, BTC was trading at $87,188.68 following a 0.05% dip in the past 24 hours.
Bitcoin’s latest halving took place on April 20, 2024. During this period, they decrease the amount of fresh supply available by slowing down the rate at which new coins are minted. The last half yielded a 3.125 BTC block reward. When there are 21 million bitcoins in circulation, the final halving is anticipated to take place in 2140.
Throughout the years, BTC has almost always surged following the halving. The king coin managed to rise to an all-time high of $109,114.88 in January of 2025. The market believes that Bitcoin will continue this trend and hit $200,000 this year.
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Investment During Halving
The price of Bitcoin was trading at a low of $63,172.40 during the halving event. An investment of $1,000 in the king coin would have brought in 0.01583 BTC. The value of this investment at Bitcoin’s current price is $1,379.89. This marks a total gain of $379.89 or 37.99%. While this might be a small spike, investors who have poured in a much higher sum would have pocketed notable returns.
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