𝔹𝕚𝕥𝕔𝕠𝕚𝕟 𝕙𝕒𝕝𝕧𝕚𝕟𝕘 is not far away (we know it depends on the hashrate speed so it should arrive in about a month).
The price of a crypto depends mainly on supply and demand.
The best known halving that there will be this year is that of Bitcoin but there have already been others.
✅Litecoin (August 2019)
✅Ethereum Classic (March 2020)
✅Bitcoin Cash (April 2020)
✅Bitcoin SV (April 2020)
❌Bitcoin (May 2020)
❌Dash (May 2020)
❌Zcoin (September 2020)
❌Zcash (October 2020)
In November 2012 Bitcoin was worth around $ 12, in November 2013 there was an increase of 8000% ($ 1100).
In the second halving (July 2016) after 1.5 years (December 2017) there was an increase of 3000%.
What happened to Litecoin's Halving?
30 dollars (January 2019)
140 dollars (June 2019)
Halving (August 2019)
40 dollars (December 2019)
80 dollars (February 2020)
40 dollars (April 2020)
Ethereum Classic is trading for around $ 5 (there hasn't been significant growth at the moment).
The halving of Bitcoin Cash and SV has now ended.
It can be seen that Bitcoin hashrate is around 98.8% (Bitcoin Cash = 0.5% and Bitcoin SV = 0.7%).
Curiously, at the time of writing, Bitcoin SV holds 73.9% of the transactions of the Bitcoin network (Bitcoin = 22.7% and Cash = 3.4%).
The halving of Cash and SV will hardly manage to change the market because these coins are mainly "speculation".
But there is no doubt that if Bitcoin increases in value it will bring all the others behind.
The historical peaks reached by Bitcoin SV and above all Bitcoin Cash are interesting:
#Bitcoin Cash (Bitcoin Fork) -> Highest value (December 2017) = $ 3785
#Bitcoin SV (Bitcoin Cash Fork) -> Highest value (January 2020) = $ 438
#Litecoin -> Highest value (December 2017) = $ 360
For completeness, I also report the historical highs reached by the other coins that will meet Halving:
#ZCash -> Highest value (October 2016 = when the coin was born) = $ 3191 (instead of $ 880 second historical high in December 2017)
#Dash -> Highest value (December 2017) = $ 1493
#Zcoin -> Highest valure (December 2017) = $ 140
#Ethereum Classic (original Ethereum protocol, before the fork) -> Highest value (January 2018) = $ 44
Investors and ordinary people will buy and there will be a great demand that will increase the price.
However, I remember that we will meet the halving of the rewards for each mined block.
This means less profit for miners (however there are fees when a transaction is confirmed).
Will it still be profitable to mine? If not, could some be a solution? Increase fees? But this could lead to a decrease in demand therefore of the use of Bitcoin.
Finally, I would like to point out that this year there is also the Coronavirus which could collapse the world economy.