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First Bitcoin Halving (ticker: /) On Nov. 28, 2012, when the price of BTC was around $12, the first halving took place, and one year later, Bitcoin rose to nearly $1,000. The second halving occurred on July 9, 2016, with Bitcoin's price plummeting to $670 at the time. However, it later rose to $2,550 by July 2017.