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 data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/bitcoin-halving-2024″ rel=”null” target=”null” text=”null” title=”https://cointelegraph.com/news/bitcoin-halving-2024″>Bitcoin halving reduced block rewards from 6.25 Bitcoin ( data-ct-non-breakable=”null” href=”https://cointelegraph.com/bitcoin-price” rel=”null” target=”null” text=”null” title=”null”>BTC) to 3.125 BTC, slashing new BTC issuance in half.
Despite rising concerns over a data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/trump-liberation-day-climax-uncertainty-crypto-market-recovery” rel=”null” target=”null” text=”null” title=”null”>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 data-ct-non-breakable=”null” href=”https://pro.cointelegraph.com/users/sign_in” rel=”” target=”_self” text=”null” title=”https://pro.cointelegraph.com/users/sign_in”>shows.
