Bitcoin up 33% since 2024 halving as institutions disrupt cycle

From Cointelegraph
April 20, 2025 09:34:00 AM:

Bitcoin holders are celebrating one year since the 2024 Bitcoin halving, praising BTC’s resilience amid a global trade war and suggesting an accelerated market cycle due to growing institutional presence. The halving reduced block rewards from 6.25 BTC to 3.125 BTC, slashing new BTC issuance in half. Despite trade war concerns, BTC has climbed 33% since April 2024. Institutional investment could speed up Bitcoin’s traditional halving cycle.

Institutional adoption and Bitcoin exchange-traded funds (ETFs) may be fueling a shorter market cycle, says Bitget exchange COO Vugar Usi Zade. Continued institutional buying, including by Bitcoin ETFs, paired with rising scarcity, may accelerate Bitcoin’s rise to new highs. Bitcoin reached a new all-time high above $109,000 on Jan. 20, 273 days after the 2024 halving, signaling an accelerated market cycle.

Read more at Cointelegraph: Bitcoin up 33% since 2024 halving as institutions disrupt cycle