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Bitcoin faces its worst post-halving cycle, failing to rally above $60,000 and causing negative returns for 2024 buyers.

Market News
29 Jun 2026
UToday
View Source
Bearish
pluang ai news

Bitcoin is currently experiencing its worst post-halving performance ever, trading below $60,000 and failing to trigger the usual post-halving price rally. Historically, Bitcoin's halving events reduce supply and lead to significant price increases, but this cycle has seen a sideways grind followed by a drop into a 'disillusionment' phase, resulting in net negative returns for investors who bought at the 2024 halving. Factors such as concerns over major corporate Bitcoin holders and potential interest rate hikes are contributing to this subdued performance. This marks a significant departure from previous cycles where Bitcoin ended with profitable returns after four years.

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