Bitcoin's Next Halving Now Fewer Than 100,000 Blocks Away

The next Bitcoin halving is now less than 100,000 blocks away, according to a recent update shared by Binance's official X account.

"The next Bitcoin halving is now <100,000 blocks away," Binance wrote in an X post. According to the OKLink explorer, there are 93,638 Bitcoin blocks left to the next halving event.

Bitcoin's halving event occurs every 210,000 blocks, about every four years, and slashes the reward miners receive by 50%.

This latest milestone suggests that Bitcoin is now more than halfway to its next halving event, with a potential date of April 12, 2028, according to OKLink.

Bitcoin's circulating supply is currently 20.05 million $BTC, representing 95.47% of the fixed maximum supply of 21 million $BTC. Thus, there remains only 950,000 $BTC to be issued over the next 100 years.

Analysts believe that the final $BTC may not be mined until around the year 2140, about 114 years from the present.

Bitcoin price

Bitcoin is down around 3.1% since the April 2024 halving, dropping from about $64,000 to under $62,000. The largest cryptocurrency earlier reached an all-time high of around $126,000 in October 2025 before falling more than 51% from that peak after months of selling.

Bitcoin is underperforming prior cycles during the post-halving period, indicating a trend of declining returns. The cryptocurrency hit a new low of $57,717 on July 1 as institutional outflows weighed on sentiment.

At the time of writing, $BTC was up 5.22% in the last 24 hours to $61,715 as the majority of cryptocurrencies traded in the green.

The crypto market largely rebounded on Thursday as investors digested lighter-than-expected jobs data that suggested the Federal Reserve could hold off on increasing rates. Nonfarm payrolls for June increased by a seasonally adjusted 57,000, coming in well below the 129,000 added in May and weaker than the 115,000 Dow Jones consensus forecast.