Keyword “Bitcoin” loses significant appeal on Google search engine
According to Google Trends, internet users' interest in keywords related to the cryptocurrency market such as "bitcoin", "ethereum", "crypto", "solana",... has declined sharply since October 2023.
Currently, on a scale of 1-100, weekly searches for “bitcoin” have dropped to a one-year low of 14.
=> This is a significant drop compared to the period when#Bitcoinprice peaked in March 2024, when this number fluctuated from 80-100 points per week.
However, this index does not directly reflect the price trend of Bitcoin. According to expert Ryan Lee, periods of market gloom and low interest are often good opportunities to build positions, waiting for a big boom in the market in the near future.
At the same time, attention is focused on the keyword “memecoin”, reaching 63 points, showing that users around the world are extremely interested in memes. One of the predicted reasons is because Murad Mahmudov spoke about a “memecoin super cycle” at the recent Token2049 conference. Along with the good profit potential of memecoin, it has always won the favor of investors with High Risk-High Return strategies.
If Bitcoin sets a new ATH in the future, will global user interest increase?