‘Bitcoin dead’ most entered on Google
Last weekend, the Google search for ‘Bitcoin dead’ broke all records. The feared demise of the most famous crypto currency is at the top of Google search statistics.
Bitcoin keeps everyone busy. Due to increasing inflation, rising interest rates, the falling stock market and declining confidence, the Bitcoin price has been in the apocalypse for weeks.
Panic
You can see that not only in the panic in the market, but also in the statistics of Google. There, the search term ‘Bitcoin dead’ reached the highest score ever. Google Trends tracks interest in search terms over time and ranks search terms from 1 to 100 based on user searches total.
This data is anonymized and categorized by subject. In addition, the geographical location is kept from where the search terms were entered.
Bitcoin dead
Economist, entrepreneur and follower of everything that has to do with crypto put it together for us Twitterwe summarize it here for you.
‘Bitcoin dead’ scores a 100 worldwide on the scale of the aforementioned 1 to 100! Especially in Australia, Singapore and Ireland there is a lot of searches for the search term. The US and Canada complete the top 5.
The Google search results are a good reflection of the fear that currently exists in the crypto market. You can also see the downward spiral of Bitcoin in recent months on Google.
Reached bottom?
Incidentally, the best-known crypto coin has been declared dead so often that the opinions are not unambiguous even now. You can also see that somewhat reflected in the price. Every time it seems to have reached the bottom, it bounces up again. After all, you want to buy at the lowest point. But whether that low is behind us or whether the worst is yet to come, whether Bitcoin is really dead, is going to be or was, time will tell.