Google searches for the Bitcoin halving have reached an all-time high, surpassing the previous halving in 2020. According to Google Trends, the search interest for “Bitcoin halving” has already reached a score of 45 and is predicted to reach 100 by the end of the month, indicating peak popularity. The Bitcoin halving refers to the reduction of rewards paid to miners, with the upcoming halving in 2024 set to reduce block rewards from 6.25 BTC to 3.125 BTC. The event is scheduled to occur around 4:00 am UTC on April 20. Google Trends data shows that Nigeria, the Netherlands, Switzerland, and Cyprus have shown the most interest in the Bitcoin halving. This surge in interest is not surprising given Bitcoin’s impressive performance in recent months, starting the year at $42,200 and reaching an all-time high of $73,600 on March 13. Although the price has since cooled off and currently stands at $61,078, market commentators have highlighted historical patterns to suggest a potential rally in the months following the halving.
Google searches for Bitcoin halving reach unprecedented peak