From the prospects of BTC hitting $100,000 in 2024 — to search interest for the “Bitcoin halving” — here’s a data-driven look at this rare event.

Bitcoin is lumbering up for its fourth halving — and no two events are the same.

The markets are unrecognizable from where they were even four years ago.

Here are five fascinating facts about the 2024 halving.

1. There isn’t much Bitcoin left

Bitcoin has been structured, so most of its total supply is already in circulation.

After the halving, there will be a mere 1.3 million BTC left for miners to discover — and that’s got to last all the way until 2140.

From now on, only 450 BTC a day will be created, meaning just 657,000 BTC will hit the market between now and 2028.

2. Google searches for “Bitcoin halving” are smashing records

While there were some modest spikes in 2016 and 2020, a record number of internet users are scrambling to learn more about the 2024 halving.

Google Trends data shows Nigeria, The Netherlands, Switzerland, Cyprus, and Slovenia top the list of countries most interested in the looming 50% cut to block rewards.

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Author: Connor Sephton

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