Bitcoin Post-Halving Price is the worst ever. Why?

One year has passed since then Bitcoin She had a quadrant Half The event, which usually sends the price.

But although it is correct that Bitcoin rose to the highest level ever in the months that followed the last half in April 2024, the percentage was almost large as in previous sessions.

Tell the Kaiko data provider Decipher Although the largest currency price has already increased, the macroeconomic factors have hindered it from achieving the same type of gains.

In the report, Kaiko said that at the last levels, the increases represent “the weakest post -half performance in the record in terms of the percentage of growth.”

After an increase during the past week, Bitcoin reached about 95,000 dollars on Friday, an increase of about 49 % since half. In the previous percentage increases, increases reached the three or four numbers during the same time period.

One of the main changes [with this Bitcoin cycle] “The chief analyst at Kaiko, the Disylava Uber’s chief analyst at Kaiko, said Disylava Uber, the chief analyst at Kaiko, DecipherAdding that the “current period of high uncertainty” has harmed the performance of the currency.

Bitcoin performance is usually good in the low interest rate environment, along with other assets of risks such as stocks. But these people have rushed amid investor concerns that US President Donald Trump Trade warAnd reducing dramatic costs, and other aspects of total economic uncertainty will send prices up and grow growth.

Bitcoin Rise To the peak a little less than 109,000 dollars on January 20, the day of the inauguration of Trump, as the encryption markets expected new management policies to help the industry.

Half occurs every four years and bonuses of banning breezes-energy combines that treat transactions on the network-in half. With fewer digital currencies that enter the blood circulation, investors and industry observers in general expect the asset to rise.

An example of this: Before the first Bitcoin in 2012, its price was $ 12.35. After one year, the currency price reached 964 dollars, or about 8000 %.

In the next half on July 9, 2016, Bitcoin was trading hands for $ 663. Soon forward until 2017, it has increased, and its price was at $ 2,500-an increase of 277 %.

In the previous half, which happened on May 11, 2020, the BTC value was $ 8,500. The bull race was followed next year, and Bitcoin rose to an ever high price above $ 69,000, an increase of 762 %.

the The last half Cut mining bonuses from 6.25 BTC to 3.125 BTC for each block they treat. But bitcoin price is hardly 50 % higher than last year.

The experts have previously won He said Decipher That the half – besides historical approval Bitcoin etfs spot Last January – it will lead to tremendous operation of the leading cryptocurrency. Although it has already increased and great gains from the dollar, the volume of height has been neglected.

Retail investors are not the only ones who are disappointed. The difficult mining industry also suffers from an unusually normal, with a decrease in the BTC price, which means that companies are forced to do so Selling coins More than before to cover operational costs.

Cortis Harris, chief growth manager at Compass Mining, noted that increasing mining difficulty – high competition for smaller rewards – makes it difficult for companies to survive in this industry.

He told “Half Half”, unlike the previous sessions, the half was not delivered to the explosive half. ” DecipherHe also added that the “bigger economic image” made it difficult for the space.

Trump Election victory In November, his subsequent inauguration led to a new price for Bitcoin. But the basic principle has decreased since then and only partially regained it amid a harmful investor on his irregular policies on commercial tariffs and economics.

He added: “This raises the cost of borrowing, making miners more cautious, and slowing investment in new mining operations.”

But Combos Ming, chief mining official, Seonon Squares, said Decipher Miners could expected the assembly to be less vibrant after the past half.

“Most of them have a stable profit if they improved operating expenses and operate a good job,” Squares said. “Anyone who built their mining farm expects $ 1 million from Bitcoin today he was not noticeable.”

Edit Andrew Hayouard