Bitcoin ETF Mania Sparks A Surge In Google Searches
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 […]
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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....
NFT Searches are on track to surpass the levels last seen for ICO searches in 2017, as Snoop Dog, Aston Martin, and an autonomous robot ready their own NFT drops. Interest in non-fungible tokens, or NFTs, has surged to almost the level of searches for the term 'ICO' during the 2017 bull market mania, according to data from Google Trends. With eight days left in March, the current spike in interest could even surpass interest in ICOs back then, which would be an impressive feat indeed.The Initial Coin Offering mania in 2017 was partly the cause, and partly the result, of the 2017 bull run....
Google searches for "bitcoin price" are double levels seen a few weeks ago.
Search queries for “NFT” and “nonfungible token” have become even more popular than searches for “Dogecoin”, “blockchain” and even “Ethereum.” Google’s keyword search data shows interest in nonfungible tokens (NFTs) has surged to record levels, with traffic beating out search terms pertinent to many crypto assets ranked among the top ten. According to Google Trends, interest in NFTs saw a dramatic spike at the start of the year as Dapper Labs’ NBA Top Shot and vintage Ethereum-based NFTs saw frenzied speculation.While the bubble initially appeared short-lived — with search volume drying up....
The crypto market succumbed to a significant amount of bearish pressure starting on Thursday, August 28, with most large-cap assets tumbling to new lows on Friday, August 29. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, fell to a new low of $107,850 at the start of the weekend. Unsurprisingly, the latest data shows that this latest price decline seen across the digital asset market could have been predicted. This conclusion is based on recent crypto activity on the world’s largest search engine, Google. Is The Crypto Bull Cycle Over? In an August 29....