Express

Searches for Bitcoin Halving Peak on Google Trends

Dawn Wu

Summary: Google Trends is witnessing the highest search number for “bitcoin halving” over the past 12 months, as the third event will occur this May, according to CoinDesk.

Google Trends is witnessing the highest search number for “bitcoin halving” over the past 12 months, as the third event will occur this May, according to CoinDesk. Bitcoin halving refers to a 50% reduction in the reward per block mined on the blockchain of bitcoin (number of bitcoins entering circulation per 10 minutes). The process happens every four years. The current block rewards lands at 12.5 BTC, and after the event, it will decrease to 6.25 BTC.

Bitcoin halving usually brings a boost in the value of the currency as the number of bitcoin supply drops, whereas the demand for the tokens does not. Possibility of a bull market has raised retail interest, addressed by Mike Alfred, CEO of Digital Assets Data.

By Dawn Wu

Last Update:

Tags: ,
Link: Searches for Bitcoin Halving Peak on Google Trends   [Copy]
Next:

Related Articles

  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? 8 days ago
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? 15 days ago
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules 19 days ago
  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 22 days ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 26 days ago

    • You need to login to comment.