8/7/2023 0 Comments Google trends data bitcoin![]() Always conduct your research before making financial commitments, especially with third-party reviews, presales, and other opportunities. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. None of the information on this website is investment or financial advice and does not necessarily reflect the views of CryptoMode or the author. As a result, many observers believe that artificial intelligence is the latest “tech fad” capturing the online community’s attention. While search data is not the same as a poll or survey, these comparisons can provide insights, specifically for very recent developments. Nigeria currently claims the highest score for most crypto-related searches, with several of the lowest scores predominantly coming from South American countries.Ĭontrasting with the lull in cryptocurrency, search interest for artificial intelligence continues to ascend steadily. In Google Trends, Google compiles and aggregates its search data, reflecting the interest in certain keywords or concepts. It is worth noting that the two largest virtual currencies, Bitcoin and Ethereum, followed a similar trajectory while market sentiments remained neutral over the past month. Source: Shutterstock By CCN. Search volumes for “ decentralized finance” and “defi” have registered a surge in 2023, while searches for “memecoin” hit a peak in early May. According to Google Trends data, crypto searches currently score 17, a significant downfall from its reference point 100, recorded in May 2021. J11:40 AM Coin Street News shared a Google Trends chart that revealed that there are more people searching ‘bitcoin’ now than during the 2013 bubble. The Crypto Fear & Greed Index mirrors the narrative, with market sentiment floating around its present score of 53 – categorized as the “Neutral” zone – for almost a month. He alleges those metrics hit a 32-month low in the previous month. In a recent tweet on June 4, Guy Turner insinuated that the declining interest could be correlated to reduced trading volumes on exchanges. The uninspiring price movement was recently referred to as “lackadaisical” by Galaxy Digital CEO Mike Novogratz, attributing it to a current shortfall of “institutional excitement.” This downturn in interest transpires alongside Bitcoin’s stagnation of around $28,000 for the past ten weeks. This downward trend was briefly interrupted by a minor resurgence of interest in early November following the shocking collapse of the prominent cryptocurrency exchange, FTX. ![]() Despite this, the dwindling interest in these terms has been more or less steady since May 2022, approximately a month following the notable collapse of a significant portion of the Terra Luna ecosystem.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |