Bitcoin Google Interest Mimics $10K Price Run as ‘Halving Hype’ Fades

Bitcoin (BTC) interest is hitting levels that last appeared during its March crash recovery as hype over the halving finally fades.

According to the latest data from Google Trends, as of May 30, search interest was back to the same position as in mid-April. At the time, BTC/USD jumped from $6,800 to over $10,000 over the next three weeks.

BTC ditches “halving hype” 

Google Trends shows that overall interest involving Bitcoin has declined rapidly since the halving on May 11.

As Cointelegraph reported, it was this event that triggered an uptick in mainstream interest, coming amid continued economic uncertainty worldwide. 

The price run from $6,800 topped out just days before the halving date, while markets conversely did not see a “post-halving dump” after miner rewards were cut by 50%. 

Three weeks later, the mood appears to be returning to normal as various indicators point to the start of a new bullish phase for Bitcoin.

Worldwide Google search interest for “Bitcoin.”…