AsianFin -- Bitcoin has climbed more than 33% since the April 2024 halving, which cut the block reward from 6.25 BTC to 3.125 BTC. This built-in supply-reduction mechanism aims to preserve scarcity, but this cycle is unfolding differently from past patterns.

According to market data, Bitcoin hit a new all-time high above $109,000 on Jan. 20—just 273 days after the halving. That’s a much faster climb compared to prior cycles, which saw new highs 546 days after the 2021 halving and 518 days after the 2017 one.