What Happened to $1,000 in Bitcoin
on May 11, 2020?
Bitcoin was $8,600.00 on this date. See what your investment would be worth at today's prices.
Bitcoin Halving 2020 - The Third Halving
On May 11, 2020, Bitcoin underwent its third 'halving' - the programmatic event that cuts the block reward for miners in half, reducing new Bitcoin supply. The reward went from 12.5 to 6.25 BTC per block. Each of Bitcoin's three previous halvings preceded major price appreciation. This time was no different: Bitcoin went on to reach $65,000 in April 2021, representing a 7x gain from halving day prices. The halving is considered by many to be Bitcoin's most important fundamental event.
Historical Price Comparison
| Period | Bitcoin Price | $1,000 Investment | ROI |
|---|---|---|---|
| On 2020-05-11 | $8,600.00 | $1,000.00 | 0% |
| Today (live) | Loading... | Loading... | Loading... |
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Not financial advice. Past performance does not predict future results. Price data sourced from CoinGecko. Pre-calculated results are approximate; live calculation uses real-time API data.