Data: After the halving, Bitcoin's price fell by 8.2%, marking the worst performance in its history following a halving
According to Unchained, data from blockchain analysis company CryptoQuant shows that the price of BTC fell by more than 8.2% after halving, dropping from $63,825.87 on April 19th to $58,530.13. In all past halving years, the dollar value of Bitcoin has risen in the subsequent four months. In 2020, the price of BTC rose about 21.4% in the four months after halving, rising from $8,566.77 to $10,402.66. In 2016, the price of BTC increased by 11.12% during the same period, rising from $638.19 to $720.97 . Similarly according to CryptoQuant's data , in 2012 ,BTC was trading at a price of $12:35 on halving day and four months later its price had risen nearly 600%, reaching $86.18.
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