Despite Rising Bitcoin Price, Google Trends Show Interest Remains Low

Interest in Bitcoin has increased over the past month, as Google Trends data concerning the search term “Bitcoin” shows. This surge of interest in Bitcoin triggered the Dutch law enforcement to regulate the digital currency and as a result, local prosecutors are speeding up with pending Bitcoin cases. A two-year Google Trends chart on the keyword “Bitcoin” show a drastic increase in Bitcoin interest in late 2013, a period wherein Bitcoin reached its previous all-time high trading value. Google searches on Bitcoin have remained relatively low since then, failing to surpass 30 points out of....

As Bitcoin nears parity with gold, Google trends indicators are showing that this may only be the start of another major run-up in value on the way to higher highs. Bitcoin Uptick in Global Trends. Bitcoin performed amazingly well throughout 2016, increasing over 120% in value, reaching its all-time high market cap, breaking the $,1000 mark on the first day of 2017. Although the $1000 surge was expected by many, the continuous rise of Bitcoin continues to amaze the public at large. Driven by political and economic factors throughout the world, global interest in Bitcoin is once again....

While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week of May 16th through the 22nd of last year. Search trends for the term “bitcoin” have slid 72% since it scored the highest score of 100 last May to today’s score of 28. Worldwide Search Queries for ‘Bitcoin,’ ‘Ethereum,’ and....

Not many crypto search terms have come close to their peaks in spite of the new bull market, but Ethereum is a notable exception. More people are searching for the word “Ethereum” now than ever before in its history. Google Trends reveals that the number of Google searches currently being performed for “Ethereum” is at an all-time high, eclipsing search interest during the height of the last ETH bull run. Ethereum’s previous peak in search term popularity was on Jan. 13, 2018 — the date of ETH’s all-time high of $1,432.88.Google Trends Worldwide Search Interest for #Ethereum projected to....

It may be the US election fever or it may be something else, but according to Google, the search for the “buy Bitcoin” term on the world's largest source of information platform is on an upward trend. Though the particular factors that may be driving the rising interest has not yet been ascertained, Google analytics show that interest over time is currently at 87 - that’s tipping towards its highest point of 100 between June 12-18. Bitcoin price has reached the $770 mark within the current period. Whether the current ascension, which according to Google kick started in Oct. 22, will....