#Upcoming CPI Data Release #ETH Surges Sharply in 3 Days top trend for today. Bitcoin (BTC) is the first and most well-known cryptocurrency. It operates on a decentralized technology called blockchain. Currently (May 13, 2025), the price of Bitcoin is around 385,269.19 Saudi Riyal. A key event for Bitcoin is the halving, which occurs approximately every four years and reduces the reward for mining new blocks by 50%. The most recent halving took place on April 20, 2024, reducing the block reward to 3.125 BTC. This mechanism is designed to control inflation by limiting the supply of new bitcoins. The next halving is expected around February 2028. Price predictions for Bitcoin in 2025 vary significantly, with some analysts suggesting potential highs ranging from $100,000 to $200,000 USD or even higher, while others have more conservative outlooks. Factors influencing these predictions include institutional adoption (like the approval of Bitcoin ETFs), macroeconomic conditions, and the impact of the halving on supply.
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#MOODENG & PI & GOAT Surge
#Upcoming CPI Data Release
#ETH Surges Sharply in 3 Days
top trend for today.
Bitcoin (BTC) is the first and most well-known cryptocurrency. It operates on a decentralized technology called blockchain.
Currently (May 13, 2025), the price of Bitcoin is around 385,269.19 Saudi Riyal.
A key event for Bitcoin is the halving, which occurs approximately every four years and reduces the reward for mining new blocks by 50%. The most recent halving took place on April 20, 2024, reducing the block reward to 3.125 BTC. This mechanism is designed to control inflation by limiting the supply of new bitcoins. The next halving is expected around February 2028.
Price predictions for Bitcoin in 2025 vary significantly, with some analysts suggesting potential highs ranging from $100,000 to $200,000 USD or even higher, while others have more conservative outlooks. Factors influencing these predictions include institutional adoption (like the approval of Bitcoin ETFs), macroeconomic conditions, and the impact of the halving on supply.