Bitcoin has marked one year since its latest halving event, and long-term holders have reason to celebrate.
Despite economic headwinds, including intensifying trade tensions between the U.S. and China, BTC has climbed more than 30% since April 2024, showing notable strength in uncertain times.
The halving, which cut block rewards from 6.25 to 3.125 BTC, reduced the rate at which new coins enter circulation—a key feature that reinforces Bitcoin’s scarcity. Traditionally, this event kicks off a multi-year price cycle. But this time, analysts believe that growing institutional involvement may be speeding things up.
According to Brickken’s Enmanuel Cardozo, the combination of seasoned market behavior and fresh liquidity from institutional players like Strategy and Tether could pull forward typical cycle milestones. “We may not need to wait until mid-2026 for a peak,” he suggested, adding that a Fed rate cut could inject even more momentum into the market.
Bitget COO Vugar Usi Zade echoed that sentiment, pointing to demand from ETFs and funds as a major factor in Bitcoin’s upward push. He noted that if BTC clears $90,000, a return to all-time highs could come swiftly, especially with fewer coins available post-halving.
Interestingly, data from trader Jelle shows Bitcoin’s current cycle may be unfolding faster than previous ones. BTC hit a record above $109,000 just 273 days after the 2024 halving—significantly quicker than the 546 and 518 days it took following the 2020 and 2016 halvings, respectively.
While the timeline may be shifting, one thing remains clear: Bitcoin’s resilience is once again proving itself in a volatile world.
The Bitcoin market is entering a complex phase marked by rising realized profits, reduced whale balances, and historically prolonged sideways price movement.
European banking giant UniCredit is preparing to offer its professional clients a new investment product linked to BlackRock’s spot Bitcoin ETF (IBIT), according to a report by Bloomberg.
Connecticut has officially distanced itself from government adoption of digital assets like Bitcoin. On June 30, Governor Ned Lamont signed House Bill 7082 into law, placing sweeping restrictions on how the state and its agencies can engage with cryptocurrencies.
Bitcoin giant Strategy has added another 4,980 BTC to its reserves in a purchase worth approximately $531.9 million, according to Executive Chairman Michael Saylor.