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All later cryptocurrencies follow the price of Bitcoin up and down.
Starting when Bitcoin was listed on the exchange for $0.00076, and
11/2012 was the rst Halving, Bitcoin started to increase sharply, Peak in
12/2013 Bitcoin price increased to 1,131 usd, Pulling the whole world. e
cryptocurrency market cap reaches over $200 billion.
2014 Bitcoin price started to go down and in 2015 it bottomed out. 7/2016
Bitcoin Halving, Bitcoin Price Starting to grow again until December 2017,
the Bitcoin price peaked at $ 19,497 Dragging the market capitalization to
$ 1,200 billion.
2018 Bitcoin price started to go down and 2019 bottomed. 5/2020 Bitcoin
Halving, Bitcoin Price Starting to grow again until 11/2021, the Bitcoin
price peaked at $ 69,000 Dragging the market capitalization to nearly $
3,000 billion.
So it can be seen that, aer reaching the top, the price of Bitcoin begins
to go down and the following year, it will bottom. Bitcoin price increased
again in the year of Bitcoin Halving, 1 year aer the halving, Bitcoin price
reached an all-time high.
Bitcoin As the frst cryptocurrency in the world born around 2009, Every 10 Minutes the
miners create a Block containing 50 Bitcoins, every 4 years, Bitcoin Halving, the number
of Bitcoin Rewards of the mined Block is reduced by half
Before 2012 the number of rewards for miners when they mine a new Bitcoin block was 50
Bitcoins, In 2012 was the frst Halving, Mining amount was halved to 25, By 2016 it
was only half is 12.5, in 2020 it will be 6.25. From 2024, there will only be 3.125 Bitcoins
f or each Block.
The number of mining less and less makes Bitcoin more and more valuable. It becomes a
store of value.
Bitcoin was born frst in the world, so it is most known by many p eople, it is considered
the king currency.
BTCF Whitepaper
SwapOTC.com
Btcf.info