What was the price of Bitcoin in April 2024?

On April 19, 2024, a significant milestone was reached in the world of Bitcoin. The fourth and most recent halving event took place, marking a crucial point in the cryptocurrency's history.

The halving event reduced the reward for mining a block from 6.25 BTC to 3.25 BTC. This mechanism is integral to Bitcoin's design, as it aims to control the supply of the cryptocurrency and maintain its scarcity.

Despite the halving, Bitcoin's price performance on the day was relatively modest. Investors and traders appeared to have anticipated the event, and the market reacted accordingly.

By the end of the day, Bitcoin closed at $63,821. This price point represented a slight increase from the previous day's close, reflecting the market's overall sentiment towards the halving event.

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