CoinWire: Bitcoin halving interest doubled since 2020

According to the CoinWire research provided to crypto.news, the appeal of Bitcoin’s (BTC) halving has almost doubled since its previous quadrennial block reward slashing.

The firm analyzed this year’s Google Trends data from across the globe and discovered that BTC halving interest scores increased from the previous cycle 51 to 100 days before the watershed event.

The first halving in November 2012 scored zero on the trends chart, as blockchain technology and cryptocurrencies were reasonably new to financial curiosity. The score rose to four by July 2016, and by the third halving in May 2020, it surged nearly 13 times.

Europe dominates BTC halving

European countries dominated Google search queries around the Bitcoin halving, despite the approval of spot Bitcoin ETFs in the U.S. and trading volumes of $200 billion. The top five countries included the Netherlands, Slovenia, Switzerland, Austria, and Singapore.

Excluding Singapore, the top 10 cities showing massive interest in Bitcoin’s halving were also found in Europe. According to CoinWire’s report, Zurich, the largest city in Switzerland, scored 100.

Amsterdam and Rotterdam in the Netherlands followed the Swiss giant with scores of 98 and 93, respectively. Austria’s Vienna and German Dusseldorf, Stuttgart, Munich, Frankfurt, and Cologne completed the list of 10 areas boasting the highest Bitcoin halving inquisitiveness.

While the U.S. came in at 22 among countries searching for Bitcoin halving information, states within America still showed high demand. CoinWire analysis showed that North and South Dakota scored 100, along with Zurich.