More People Are Googling the Bitcoin Halving Than Ever Before

More People Are Googling the Bitcoin Halving Than Ever Before

Google searches for the term “Bitcoin Halving” have reached a new all-time high, beating out the previous all-time high set in May 2020—when the previous halving occurred.If The Bitcoin halving is an event, hardcoded in the Bitcoin protocol, that occurs roughly every four years. The upcoming halving, the fourth in Bitcoin’s history, is scheduled to happen later this week. And when it does, it will mean that the issuance of new Bitcoin will once again be slowed. Bitcoin miners, the individuals and groups who maintain and secure the network, will see their BTC rewards slashed in half.Historically, the event has been viewed as bullish for Bitcoin traders and investors. After all, it could mean that the available supply of BTC will diminish at a time when speculators expect demand for the asset to increase.Searches on Google for “Bitcoin halving” hit an all-time high last week, per Google Trends data, despite the Since then, “Bitcoin halving” has continued to increase in search frequency. Yesterday, it passed the cannabis culture meme number “420” as a search term for the Trends data is just one of many signs that Bitcoin has started to enter the mainstream. The approval of Based on But “Bitcoin” as a search term itself is still far from its all-time high. That happened way back in December 2017, when the leading cryptocurrency went from $998 to a then all-time high just shy of $20,000, according to While Bitcoin may not be at peak popularity right now, the surge in people searching for “Bitcoin halving” suggests an increased desire to learn more about its inner workings. This is in line with other more specific terms like