Bitcoin up 33% since 2024 halving as institutions disrupt cycle
Bitcoin holders are celebrating one year since the 2024 Bitcoin halving by praising BTC’s resilience amid a global trade war and suggesting an accelerated market cycle due to a growing institutional presence.The 2024 Bitcoin halving reduced block rewards from 6.25 Bitcoin (BTC) to 3.125 BTC, slashing new BTC issuance in half.Despite rising concerns over a global trade war and escalating tariff tensions between the United States and China, BTC has climbed more than 33% since April 2024, Cointelegraph Markets Pro data shows.BTC/USD, 1-year chart. Source: Cointelegraph Markets Pro“So, even though Bitcoin’s showing resilience, I think the mix of past experiences, economic uncertainty, and this selling pressure is keeping investors on the sidelines, waiting for a stronger green light before they jump in,” said Enmanuel Cardozo, a market analyst at asset tokenization platform Brickken.Cardozo added that institutional investment from firms such as Strategy and Tether could speed up Bitcoin’s traditional four-year halving cycle. He added:“For the 2024 halving in May, that puts the bottom around Q3 this year and a peak mid-2026, but I think we might see things move it a bit sooner because the market’s more mature now with more liquidity.”However, Bitcoin’s trajectory remains tied to broader monetary policy, the analyst added.
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Source: cointelegraph.com
Published: April 20, 2025
