RATE Group | Hype Over Bitcoin (BTC) Halving Accelerating, Reports Cryptocurrency Analysis Firm Arcan…
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Hype Over Bitcoin (BTC) Halving Accelerating, Reports Cryptocurrency Analysis Firm Arcan…

28 Jan Hype Over Bitcoin (BTC) Halving Accelerating, Reports Cryptocurrency Analysis Firm Arcan…

Posted at 20:38h in Cryptocurrency News by

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The crypto community is divided on whether or not the Bitcoin halving is already priced in. However, one thing is for sure: the topic is getting a lot of attention.

Norwegian cryptocurrency intelligence company Arcane Research says Google searches for the term “Bitcoin halving” have spiked in the last 12 months. While the exact number of queries is not documented, the firm says its research has revealed the level of interest over time for the phrase, using data from Google Trends.

In January of 2019, searches for the term flashed readings of below 20. A year later, the term registered an interest level of 100, indicating peak popularity. The conclusion from Arcane Research is that Bitcoin’s upcoming halving is “gaining more traction” among the crypto curious.

The last time the term spiked in popularity was back in 2016, when the king of cryptocurrency halved for the second time. In that year, Bitcoin’s price grew by nearly 125%.

In May 2020, Bitcoin rewards…

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