Home / Events / The third Bitcoin halving
May 11, 2020 The third Bitcoin halving
On May 11, 2020, at block 630,000, the block reward fell from 12.5 BTC to 6.25 BTC.
- Date
- May 11, 2020
- Block
- 630,000
- Reward
- 12.5 → 6.25 BTC
What happened
The third halving arrived two months after the March crash, with Bitcoin trading around $8,600. In the months that followed, companies and funds began to announce Bitcoin purchases.
By the end of 2020 the price had more than doubled, and in 2021 it set a record near $69,000.
Why it mattered
Each halving cuts new supply in half. The full list, with prices and dates, is on the halving page.
BitcoinYears.com is for sale
A short, memorable domain for Bitcoin news, history, data and media. Serious inquiries welcome.