Google search volume for Cryptocurrency related topics broke a new All time high

[mamamu111]

Weekly search volume on Google for the topic “cryptocurrency” has reached its highest level yet both in the U.S. and worldwide, according to data from GoogleTrends.  READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/05/23/google-search-volume-for-cryptocurrency-related-topics-has-broken-a-new-all-time-high-record/

[hd49728]

Many of searchers are Bitcoin and Crypto outsiders. They are not investors and don't have any plan to invest in either Bitcoin or Cryptocurrency. They are satisfied with the Bitcoin crash and search to find out what happened to have more satisfaction.

Or they are curious and want to get more info with Google.

It does not tell us anything about Bitcoin investors.

[Jackl87]

Weekly search volume on Google for the topic “cryptocurrency” has reached its highest level yet both in the U.S. and worldwide, according to data from GoogleTrends.  READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/05/23/google-search-volume-for-cryptocurrency-related-topics-has-broken-a-new-all-time-high-record/

It's interesting, that the record has been broken now that the market is going down or went down in the last 2 weeks or so and not during the time when BTC and other coins reached their all time high. Probably a lot of people outside the cryptospaces are googling cryptos now because they heard that the market went down and they are happy about it because they don't own cryptocurrencies themself. When the market went from one ATH to another they just ignored the topic because it would have only made them aware of their missed chance and made them even more jealous. That is just my take though and could be completely wrong.

[husnija]

that means good because many people want to know crypto, especially for lay people
there's always an increase every year even though there are many negative issues that hit

[masterrex]

Weekly search volume on Google for the topic “cryptocurrency” has reached its highest level yet both in the U.S. and worldwide, according to data from GoogleTrends.  READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/05/23/google-search-volume-for-cryptocurrency-related-topics-has-broken-a-new-all-time-high-record/

I'm not surprised with that information mate, because every time there was a crypto Bullrun the search trend data in google is also increasing, It can relate to the soaring interest in crypto investment meaning more and more people anywhere else in the world who are interested in cryptocurrency and wants to know more about the industry potentials or any particular project that they want to join.

[cheezcarls]

Weekly search volume on Google for the topic “cryptocurrency” has reached its highest level yet both in the U.S. and worldwide, according to data from GoogleTrends.  READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/05/23/google-search-volume-for-cryptocurrency-related-topics-has-broken-a-new-all-time-high-record/

It meeans to say that massive adoption and awareness about cryptocurrencies are working despite the market situation that we are in right now. No matter if we are going bearish, bullish or kangarooish, the main thing is that more and more people are now curious about cryptocurrencies and began searching on Google and learning more about it.

[impulse709]

It's means Bitcoin and Crypto are being more interested from people, despite the recent market continuously reducing significantly to bad news.

[mobtc]

This is a good news，When more and more ordinary people come into contact with virtual currencies, then the bull market will come back again，
Let us slowly wait for it to come！

[Ararbermas]

It's means Bitcoin and Crypto are being more interested from people, despite the recent market continuously reducing significantly to bad news.

actually more ppl were staring at the bitcoin price in the market and always waiting for it to go down more on this situation because when the price suddenly increased during the bullrun they missed the opportunity to ride the train and to make good profits. Probably now they are ready to enter in it when bitcoin shows good improvement in the market..

[wajik-tempe]

It could be true because high volume doesn't mean the price will always in a bull run. Whales is in their game right now, they know there are a lot of newbies just joined crypto market and doing panic trade which could be profit for the whales

[aysg76]

Weekly search volume on Google for the topic “cryptocurrency” has reached its highest level yet both in the U.S. and worldwide, according to data from GoogleTrends.  READ THE COMPLETE ARTICLE HERE: https://worldpublicityblog.com/index.php/2021/05/23/google-search-volume-for-cryptocurrency-related-topics-has-broken-a-new-all-time-high-record/

Crypto market was in great hype in past days under the influence of DogeFather Elon Musk and it was reflecting on twiiter and other social media platforms so people also got engaged in that trend and want to know what actually was happening.Dogecoin surpassed Bitcoin in search trend at one point because many people or say investors want to invest in doge due to sparking prices and know about this memecoin.But to be on positive approach we can say that this increased interaction with cryptocurrencies can boost it's adoption and people want to invest in many coins.People want to know other options to stake money with higher returns other than banks,gold or stock market which crypto is providing if they keep volatility factor in mind.

[Silberman]

Many of searchers are Bitcoin and Crypto outsiders. They are not investors and don't have any plan to invest in either Bitcoin or Cryptocurrency. They are satisfied with the Bitcoin crash and search to find out what happened to have more satisfaction.

Or they are curious and want to get more info with Google.

It does not tell us anything about Bitcoin investors.

While I agree that this means nothing, after all if those people were actually investors then they would have invested already when the price of bitcoin was even cheaper than the current levels, at the same time this could help us once a new bull runs happens, not saying that this one is over by the way, as those people will remember what bitcoin can do and could decide after some years to finally buy some amount in bitcoin which is the best decision that they can ever take.

[X-ray]

Crypto becomes even familiar to the ordinary people and then they are trying to search more information about crypto. it's good to see that happens even some people may feel skeptical about that consider they think the search volume will be related to the dump that happened with crypto but i don't even care about that. When people can hit the their button to search crypto on the search engine and that proves if crypto will become mainstream in the future.
We will see another wave to come very soon.

[ecnalubma]

Its a proof that interest in crypto is growing massively, some of them may not be investors yet but slowly they will realise the potential of this growing industry. People will keep coming into crypto from all over the world, considerably were still at early stage.

[Teraboy]

It's means Bitcoin and Crypto are being more interested from people, despite the recent market continuously reducing significantly to bad news.

Maybe there are lots of people wanna try to enter into the crypto market when the bearish trend is happening. Crypto already edded into the portfolios of some big companies and that means if the adoption will be coming soon and i guess if this is the impact caused by the good news from the US major companies who already adopted crypto to be a store of value

[pantgaurav]

As we enter into the twentyth century with our lives being hit upon by the invasion of blockchains this is very bound to happen. Good news though.!!

[asriloni]

It could be true because high volume doesn't mean the price will always in a bull run.

Those people have various motive. I think that op just wanna to tell us about the overall demand for crypto is slowly growing. We can expect some people might search for the bearish trend of crypto but we can't deny there if there will always be percentage for people who will be searching crypto for the investment purpose.
Crypto is slowly rising again and bitcoin is able to recovering from the dip price. I hope that the situation will be going back again as soon as possible to the before the dump happened

[MusaMohamed]

It meeans to say that massive adoption and awareness about cryptocurrencies are working despite the market situation that we are in right now. No matter if we are going bearish, bullish or kangarooish, the main thing is that more and more people are now curious about cryptocurrencies and began searching on Google and learning more about it.

Search stats are from people who don't invest in Bitcoin. Two possibilities: One, they intend to invest in Bitcoin and want to search more. Two, they don't want to invest in Bitcoin. They search because they are curious about the bloodbath. Their minds won't change after they searched.

Massive adoption can only be access via merchants, number of daily transactions and number of values from daily transactions.

[iram3130]

This is bound to happen when there is either a sudden surge or too much of a dump in the market. People will start looking for it and ways to buy or sell. But the price of crypto is hitting an all-time high and that's why it's more than ever-popular among the common people.

[o48o]

Many of searchers are Bitcoin and Crypto outsiders. They are not investors and don't have any plan to invest in either Bitcoin or Cryptocurrency. They are satisfied with the Bitcoin crash and search to find out what happened to have more satisfaction.

Or they are curious and want to get more info with Google.

It does not tell us anything about Bitcoin investors.

No but people use those results as indicators on technical analysis charts to compliment the other data they have and to tell us where the potential market top or the bottom is. Imho it's interesting infirmation and might as well be used along with other TA data.