The fourth bitcoin halving occurred on Friday at a little after 8:09 p.m. Eastern, dropping the issuance rate of new bitcoin to 3.125 roughly every ten minutes.

Image source: Getty Images. ... The third Bitcoin halving, which took place on May 11, 2020, serves as an instructive case study for understanding the effects of the halving phenomenon.

The first halving in 2012 reduced it to 25 BTC, followed by 12.5 BTC in 2016, and then to 6.25 BTC in 2020. This year's halving reduced the reward to 3.125 BTC per block, sending Bitcoin's annual ...

Bitcoin prices, which recently hit an all-time high of $73,803 in mid-March, were at about $64,036 prior to the halving that occurred after 8 p.m. ET on Friday.Prices fell by 0.47% to $63,747 ...

The 2020 halving saw the most dramatic run-up in Bitcoin’s value following the event. Bitcoin sat at $8,628 on May 10, 2020 when the halving occurred, and by the end of the year, BTC hit $28,888 ...

Halving is nothing new for Bitcoin (CRYPTO: BTC). There have been three previous halvings, and they all shared some similarities. However, with the passing of the fourth halving, which occurred on ...