- Bitcoin struggles to stay above $12,000.
- Google search interest for “Crypto” reaches levels not seen since February 2018.
Bitcoin struggles to remain above $12,000 after briefly crossing the level three times this month. However, data shows that Google search interest in cryptocurrency is soaring, possibly signaling an upcoming bull market.
Google Search Trends data shows that interest in the search term “Crypto” is surging to levels last seen in February 2018. Moreover, Google search interest for the term is at a high for the last twelve months.
Google search interest for “Bitcoin” has begun to recover following the halving. As the highly anticipated Bitcoin halving neared, search interest spiked. However, interest quickly fell as the hype from the halving faded away.
Google search interest is once again on the rise for the largest cryptocurrency by marketcap as it continues to challenge $12,000.
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