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BTC halving carnival
Promotion period: March 25, 7:00 PM – April 25, 7:00 PM (UTC+8)
5
d
:
4
h
:
11
m
:
13
s

With every 210,000 Bitcoin blocks mined, the block reward is halved. This occurs
approximately every four years, with the fourth halving estimated to take place
on April 28, 2024, at a block height of 840,000.

Only one claim per address

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Registered users who complete the net deposit task (deposits – withdrawals) with
specific coins (BTC and USDT) can get tickets and grab a share of 4 BTC.
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Newly registered users can get tickets based on their BTC spot trading volume
(BTC/USDT, BTC/USDC, BTC/EUR, BTC/BRL) and grab a share of 0.3 BTC.
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Will Bitcoin halving lead to higher BTC prices?
Bitcoin halving has historically sparked optimism regarding price volatility, as
many investors anticipate a post-halving rebound. However, it's important to
acknowledge that past performance is not indicative of future results, and
Bitget cannot predict price movements. The price trajectory following the 2024
BTC halving will depend on various factors, including adoption rates and other
demand-related influences. Here are the price increases that Bitcoin has
experienced in the six months following previous halvings:
01
11 27, 2012

First halving
Block height: 210,000
Block rewards: 25.00 BTC
Halving day price: $12.22
Daily gains:

+

1.24%

Monthly gains:

+

13.00%

Largest gain in the six months post-halving:

+

2,022.26%

02
07 09, 2016

Second halving
Block height: 420,000
Block rewards: 12.50 BTC
Halving day price: $648.76
Daily gains:

+

0.15%

Monthly gains:

-6.61%

Largest gain in the six months post-halving:

+

75.70%

03
05 11, 2020

Third halving
Block height: 630,000
Block rewards: 6.25 BTC
Halving day price: $8,825.46
Daily gains:

+

2.96%

Monthly gains:

+

9.49%

Largest gain in the six months post-halving:

+

81.37%

FAQ
How much BTC is left to mine?
When the third halving occurred, 18.37 million BTC had been mined out of a total
of 21 million, leaving 2.63 million (about 13%) to be mined.
What determines the value and price of Bitcoin?
There is no doubt that Bitcoin is the most well-know and widely traded
cryptocurrency in over a decade. Skeptics who predicted a decline in
cryptocurrencies were stunned when Bitcoin reached a price of $69,000 in 2021,
and Bitcoin's value was once again hotly debated. Refer to article Bitcoin 101:
Bitcoin Value and Price to find answers for your questions."
How can beginners buy BTC or other crypto assets?
Refer to Bitget Beginners Guide (2024 edition),to start your crypto journey!
Recommended reads
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