Interest in bitcoin's block prize split is growing.
After the block prize slits experienced by Bitcoin Cash (BCH) and Bitcoin SV (BSV),eyes turned this time to the leading cryptocurrency Bitcoin (BTC). Bitcoin halving is expected to take place on May 12, with the block award falling from 12.5 BTC to 6.25 BTC.
Bitcoin Halving Approaches Step By Step
In addition to this, Bitcoin Halving searches, which have experienced an incredible increase with FOMO starting earlier, have set a new record and reached incredible heights. According to data quoted by Google Trends and the table at the bottom, Bitcoin managed to top even searches in 2015, which is happening for the first time in history.
Looking at the latest 30 days of data, Luxembourg, Lithuania, Estonia, Switzerland and Latvia are the countries making the most calls on Bitcoin Halving. Searches for the Bitcoin halving 2020 Bank show that the leading countries are Venezuela, Austria, Portugal and Czechia.
In fact, halving Bitcoin Cash was also seen as one of the events that could have a big impact on price. Despite this, the half of the BCH block award did not produce the predicted impact and the price declined unpredictably. The hash rate on the BCH network has fallen as hard as 70% at a time.
Worldwide Google search data for " Bitcoin halving” since April 2015
The limited supply of the leading cryptocurrency and the uncertain economic situation in recent days could set BTC off a serious rally, although experts say bitcoin could experience a similar situation.