cryptocurrencies and the bear season in Bitcoin has been going on for about 9 months. The leading cryptocurrency is officially fighting to hold above the $20,000 level. in bitcoin After the declines, it seems that the interest of investors in the leading crypto money has decreased.
According to Google Trends data, the search stats for the keyword “Buy Bitcoin” have dropped significantly. The search rate for the words “Buy Bitcoin” has dropped to the lowest level in the last 2 years.
According to the site, the keyword’s search score dropped to 6 as of this week. The most searched period for the term “Buy Bitcoin” was the mega rally at the end of 2017.
The region distribution data is quite interesting. Nigeria was the country with the most searches with the keyword “Buy Bitcoin”. After Nigeria, Ghana, Cameroon, Saint Helena and Canada follow.
The fact that keywords are frequently searched, especially in African countries, is a remarkable data.
Despite the ongoing declines in the cryptocurrency markets, Cardano (ADA) Leading blockchain startups, including Africa, are investing in Africa.
Is BTC Price Proportional to Calls?
Search popularity for the word “Bitcoin” is constantly changing, according to Google Trends data. In general, Bitcoin is frequently searched not only during rise times, but also in dump situations. We can say that volatility is an important factor in search popularity.
However, at the moment, there is a complete recession in the crypto money markets. Therefore, Bitcoin attracts less attention from investors.
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