Searches for Bitcoin (BTC) on Google have increased dramatically worldwide.
With the increased likelihood of spot Bitcoin exchange-traded funds (ETF) approval, the huge rise in price excited investors. With the price increase in question, searches for “Buy Bitcoin” on Google skyrocketed worldwide. These searches are in the UK 800% increase showed.
Research conducted by Cryptogambling.tv shows that searches for “Buy Bitcoin” in the UK increased dramatically within 7 days. revealed that there was an increase in proportion to put it.
This situation causes Bitcoin bear from the market came out and traditional financial institutions with interest Adoption has increased significantly It was interpreted as follows.
On the other hand, according to Google Trends data, users in the USA “should I buy Bitcoin right now?” And “Can I buy Bitcoin after Fidelity” It turned out that he made searches such as:
Moreover “Is it the right time to buy Bitcoin?” search is worldwide 110% an increase, “BlackRock Bitcoin ETF” If the calls 250% experienced an increase.
Bloomberg’s ETF analyst James Seyffart predicts spot Bitcoin ETF approval will come by January 10, 2024. 90% chance gives. This being the case, investors want to catch a possible rise in advance. leading to an increase in searches.
According to CoinGecko data, Bitcoin is in last 27% within 14 days experiencing an ascension 35 thousand dollars winked at their levels. Bitcoin, at the time of writing from $34,016 is being traded.