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MainInsightsAnalysisGoogle Trends Show Modest Inte...

Google Trends Show Modest Interest in Crypto Topics Despite Bitcoin Nearing All Time High


Google Trends Show Modest Interest in Crypto Topics Despite Bitcoin Nearing All Time High
Despite the tremendous growth of the crypto market in recent weeks, mainstream interest in crypto remains relatively low.
BitcoinNFT
Feb, 29, 2024
< 1 min read
by CryptoRank
Google Trends Show Modest Interest in Crypto Topics Despite Bitcoin Nearing All Time High

Google Trends values for "Bitcoin" and "Crypto" search queries are just slightly above 20. Meanwhile, Google searches for "NFT" are nearing ATL, indicating that Web2 users and investors are not even thinking about NFTs yet.

It's worth noting that the peak of interest in Bitcoin and crypto was around May 2021, while the market's ATH capitalization was set in November 2021, when the Google Trends value was around 80. At the same time, "NFT" queries peaked in early 2022, almost 10 months after the "Bitcoin" query first peak.

Disclaimer: This post was independently created by the author(s) for general informational purposes and does not necessarily reflect the views of ChainRank Analytics OÜ. The author(s) may hold cryptocurrencies mentioned in this report. This post is not investment advice. Conduct your own research and consult an independent financial, tax, or legal advisor before making any investment decisions. The information here does not constitute an offer or solicitation to buy or sell any financial instrument or participate in any trading strategy. Past performance is no guarantee of future results. Without the prior written consent of CryptoRank, no part of this report may be copied, photocopied, reproduced or redistributed in any form or by any means.

In This Insight

Coins

$ 83,140
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$ 591.81
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In This Insight

Coins

$ 83,140
+1.33%
$ 591.81
+0.87%
$ 0.166
+5.36%
$ 1,793
+1.71%
$ 116.16
+2.25%