A recent analysis of Google Trends data on the search term “bitcoin” has shown that despite the cryptocurrency’s price reaching over $50,000, public interest remains relatively low. However, there has been a notable increase in anticipation for the upcoming reward halving, with searches hitting a 90-day high. This event, scheduled for April 2024, will significantly reduce the rate at which new bitcoins are produced. In this post, we will delve deeper into the implications of this trend and provide a comprehensive overview of the reward halving, along with a bullish or bearish outlook for the future of bitcoin.
Source:
– Bitcoin.com. Read More