Bitcoin’s unexpected rally in 2019, after over a year of bearish sentiment, has got people moving into “fear of mission out” (FOMO) mode, apparently, and Google seems to agree. Recent data from Google Trends, published on Crypto Globe, shows that search interest for Bitcoin has hit its highest level since February 2018, the period when the bear market seemed firmly set in motion.
Google trend data for the search keyword “Bitcoin” shows that the levels of interest today are the highest ever seen since February 2018. Coincidentally, Bitcoin had been trading at around USD 8,000 at the time, after dropping from USD 11,000. Today, Bitcoin trades at around USD 7,950 after only months ago meandering around USD 4,000.
Search interest in Bitcoin and other cryptocurrency related keywords generally correspond with the price of these digital assets. During the bear market of 2018 and early 2019, interest was dropping off along with search trends, compared to highest-ever numbers running up to the bull run of 2017.
South Africa leads in terms of most inerest, followed by the Netherlands, Slovenia, Austria, and Nigeria. Binance has also enjoyed a lot of interest.
In China, giant search engine Baidu is showing similar trends, with local news source cnLedger showing BTC as among Baidu’s hottest emerging keywords.
Due to the recent price surge, #bitcoin tops today's Baidu hottest emerging keywords. (Baidu is like China's Google) pic.twitter.com/AWtVw9aOzw
— cnLedger (@cnLedger) April 4, 2019
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