93,638 Blocks Remain Until Bitcoin's April 2028 Halving Event
Bitcoin is now fewer than 100,000 blocks from its next halving, with OKLink data pointing to a projected date of April 12, 2028, and 93,638 blocks remaining as of July 2, 2026.
With 93,638 blocks remaining, Bitcoin is now less than 100,000 blocks away from its next halving event, projected to occur around April 12, 2028, according to data from the OKLink blockchain explorer. Binance confirmed the milestone on July 2, 2026, via its official X account, drawing widespread attention from the crypto community.
The halving mechanism is hardcoded into Bitcoin's protocol and triggers every 210,000 blocks — roughly once every four years. When it occurs, the block reward paid to miners is cut by 50%. The upcoming event will be the fifth halving in Bitcoin's history.
Bitcoin's circulating supply currently stands at 20.05 million BTC, equivalent to 95.47% of the hard-capped maximum of 21 million BTC. Only 950,000 BTC remain to be issued, with analysts estimating that the final bitcoin will not be mined until approximately the year 2140 — roughly 114 years from now.
Performance since the last halving, which took place in April 2024, has been mixed. BTC was priced at approximately $64,000 at the time of that event and has since declined around 3.1% to under $62,000 as of the time of writing. The asset did reach an all-time high of approximately $126,000 in October 2025, but subsequently shed more than 51% of its value over the following months amid sustained selling pressure.
Bitcoin touched a recent low of $57,717 on July 1, 2026, as institutional outflows weighed on market sentiment. However, the asset recovered sharply, rising 5.22% in the 24 hours prior to publication to trade at $61,715. The broader crypto market also rebounded on Thursday following the release of U.S. nonfarm payroll data for June, which showed a seasonally adjusted increase of 57,000 jobs — well below both the 129,000 recorded in May and the 115,000 consensus estimate from Dow Jones. The softer labor figures raised expectations that the Federal Reserve may pause any further interest rate increases.
Analysts note that Bitcoin is currently underperforming relative to previous post-halving cycles, continuing a trend of diminishing returns that has been observed across successive halvings. Despite the short-term recovery, the broader price trajectory since April 2024 reflects weaker momentum compared to cycles following the 2016 and 2020 halvings.
