This spring, three of the largest crypto networks, BTC, BCH, and BSV, will undergo their halvings around the same time for the first time in history. During the last halving in 2016, only one network existed, but now three protocols share the same consensus algorithm. Google Trends shows that searches for the term “bitcoin halving” have skyrocketed in recent days and it’s still unclear whether the halvings are priced into the three markets.
Also Read: Heated Debate Continues Over Bitcoin Cash Infrastructure Funding Plan
Google Trends Searches for ‘Bitcoin Halving’ Accelerate
In the fourth Arcane Research weekly update, the cryptocurrency research and analysis firm noted that Google searches for the term “bitcoin halving” have skyrocketed. Arcane’s chart shows that Google Trends indicates that the spike really took off in mid-November 2019. The research details that BTC has had several narrative shifts during the last decade from cheap peer-to-peer payments to the latest digital gold narrative. “The search interest for the bitcoin halving, this has accelerated over the last few months,” Arcane’s research notes.
The weekly analysis also notes that discussions on whether the halving is priced in or not have increased in the bitcoin community. Currently, there are 105 days until the BTC halving, 71 days until BCH halves, and 73 days left until BSV rewards decrease from 12.5 BSV to 6.25 per block.
