As Bitcoin Surges, Google Searches Suggest Little FOMO Among Retail Investors
Web search data suggests popular interest in bitcoin remains at normal levels, despite a sharp price rally to near $16,000.
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The excitement surrounding the potential approval of a spot Bitcoin exchange-traded fund (ETF) located in the United States is developing, as evidenced by the spike in Google searches for this cutting-edge financial instrument. The increased interest from the general public and retail investors highlights the growing excitement about the possible early 2024 launch of a spot […]
Google trends reveal a huge spike in “buy crypto” searches, a possible precursor to wider retail adoption. “Buy crypto” searches on Google surged to all-time highs in January, far exceeding the previous peak of early 2018, according to cryptocurrency analytics company The Tie. Relative search interest for the term "Buy Crypto" is at all-time high on Google Trends pic.twitter.com/4cFIkI0xbp— The TIE (@TheTIEIO) February 1, 2021 The keyword received a perfect Google Trends score of 100, which indicates maximum relative interest. A similar spike was also observed for Ethereum, which achieved....
You know something has achieved some level of popularity when it enters the top 500 searches on Google Trends. Never mind hitting the top 100 searches - that just means you're really popular. So it's probably no surprise that 'bitcoin' just so happens to have made the top 100 Google searches of 2013. This hobby-turned-investment-vehicle hit the spotlight first in April when it achieved an all-time high of $260+ USD. It then came back into the limelight in November, when the price topped a whopping $1200 per unit. As the mainstream media began to cover the incredible returns early adopters....
Google searches for "bitcoin price" are double levels seen a few weeks ago.
Online searches for the term “Bitcoin dead” reached an all-time high owing to peak anxiety among investors amid ongoing selloffs at the time. The global crypto community has started to redirect its interest from Bitcoin (BTC) to Web3, according to Google search trends.In order to keep up with decade-long innovations spanning from blockchain-based applications to nonfungible tokens (NFTs), crypto investors and enthusiasts rely on searching the web — disclosing their true sentiments in real-time. Most recently, searches for the term “Bitcoin dead” reached an all-time high, owing to peak....