According to worldwide data from Google Trends, the search term “bitcoin” has reached a score of 93 out of 100 in the last seven days. Additionally, the price of bitcoin rose above the $30,000 range for the first time in ten months, or since June 2022.
Bitcoin Search Interest Rises as Leading Crypto Asset Taps $30K
On Tuesday, April 11, 2023, bitcoin’s price rose above the $30,000 mark for the first time since June 8, 2022. According to statistics from coinmarketcap.com, BTC’s dominance is currently over 47%, the highest it’s been in two years. Presently, the hashtags #bitcoin, #ETH, and #cryptocurrency are trending on Twitter, and there are currently more than 88,000 tweets with the #cryptocurrency hashtag. At 4:00 p.m. Eastern Time on Tuesday, the search term bitcoin reached a score of 93 out of 100 on Google Trends (GT).
A GT score of 100 denotes the zenith of a search term’s popularity in the selected region and time period. It also means that more people are searching for the term than at any other time in the past. On the other hand, a score of zero conveys insufficient data to measure the search term’s prevalence. Google Trends data, in terms of search history, dates back to 2004 and the search term bitcoin scored a 2 in June 2011 for the first time.
Furthermore, the search volume for bitcoin has increased in the last 2
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Author: Jamie Redman