PANews reported on April 26 that according to Decrypt, since Bitcoin completed its fourth halving in April 2024, the price of BTC has only risen by 43.4%, far lower than the 7,000%, 291% and 541% increases recorded after the first three halvings, setting a record for Bitcoin's worst performance after the halving.
The analysis pointed out that factors such as macroeconomic uncertainty, the Trump administration's trade policy, ETF fund outflows, and changes in market structure have weakened the upward effect of halving. In addition, as the Bitcoin market matures, price volatility has declined. Its 60-day volatility has dropped from 200% in 2012 to about 50% currently, indicating that it may show a more stable but limited upward trend in the future.