Bitcoin Price on April 20, 2024

2024-04-20

Market Data

Close
$64,990
Open
$63,847
High
$65,450
Low
$63,136
1-day change
+1.83%
7-day change
+1.46%
30-day change
-0.76%
1-year change
+138.46%
All-time high as of this date
$73,121
Drawdown from ATH
-11.12%
Cycle stage
Bull market

Halving Era 5

Block reward
3.125 BTC
Days since last halving
Halving day

On-Chain

Hash rate
558.27 PH/s
Difficulty
8.639e+13
Active addresses
455,683
Transactions
631,001

Market Sentiment

Fear & Greed Index: 66 (Greed)

Major Events

  • Fourth Bitcoin Halving

    The fourth Bitcoin halving occurs at block 840,000, reducing the block reward from 6.25 BTC to 3.125 BTC. The network transitions to Halving Era 5. The same block sees the launch of the Runes protocol, triggering a brief but extreme fee spike.

    halving · positive

  • Runes Protocol Launch

    Casey Rodarmor's Runes protocol launches at the fourth halving block, enabling a UTXO-based fungible token standard on Bitcoin as an alternative to BRC-20. Transaction fees spike to multi-year highs as users rush to mint Runes tokens in the hours following launch.

    protocol · neutral