Bitcoin broke through the $30,000 mark on April 11, driving an increase in searches and social media activity related to the largest cryptocurrency.
#Google search #bitcoin Skyrocketed to #cryptocurrency 10-month high https://t.co/k9anpMyDvo
— Kyptos (@azcoinnews) April 12, 2023
Bitcoin’s dominance of the crypto market has risen to more than 47%, a two-year high, according to CoinMarketCap. Bitcoin has once again proven its dominance in the crypto world and is an important token for investors.
Bitcoin, ETH and cryptocurrency-related activity caused a stir on Twitter, with more than 88,000 tweets posting the hashtag #cryptocurrency after Bitcoin hit $30,000. This shows that people are interested in learning more about Bitcoin and other cryptocurrencies and are actively discussing them on social media platforms.
Google Trends data shows that the search term “Bitcoin” reached 93 out of 100 this week, indicating that many people around the world are searching for information about Bitcoin. In the past 30 days, the keyword “bitcoin” has seen 64/100 searches and bitcoin news has seen 54/100 searches.
Interestingly, the majority of people searching for “bitcoin” are residents of El Salvador, followed by Nigeria, Slovenia, and Switzerland. This shows that interest in Bitcoin is not limited to a particular region or country, but is a global phenomenon.
Other bitcoin-related searches, such as “Bitfinex licensed in El Salvador” or “Discover Bitcoin whitepaper on macOS,” also saw significant traffic, suggesting that people are interested in other aspects of the coin than just bitcoin prices.
Despite this week’s rise in Bitcoin’s popularity, Google Trends searches have yet to hit an all-time high. Bitcoin hit the full 100 in December 2017 and during the 2021 bull run, showing that it has had a significant impact on the crypto market in the past and will likely continue to do so in the future. .
All in all, Bitcoin’s recent bull run has led to a surge in social media and Google searches, indicating that people are more interested in learning more about cryptocurrencies. . The fact that Bitcoin is once again an important player in the crypto world is a positive sign for investors and the crypto market as a whole.
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according to Kyptos