In the midst of the banking upheaval in the United States, Google Trends has revealed a notable surge in searches related to the acquisition of gold, with the search query reaching a perfect score of 100 during the first week of April 2023. Similarly, the search term “how to buy bitcoin” reached the same score two weeks earlier, on March 20, 2023.

90-Day Stats From Google Trends Highlight Interest in How to Buy Gold and Bitcoin

Over the past six months, the value of gold has soared by an impressive 20%, with a single troy ounce of .999 fine gold currently changing hands for $1,998 per unit. As for bitcoin (BTC), it is presently trading at just under $30K per unit, having risen by 8.9% in the last 24 hours as of April 26, 2023. Both gold and bitcoin have experienced an upsurge in value following the banking crisis of mid-March, which witnessed the collapse of three major U.S. banks. Market observers are now keeping a close watch on the First Republic Bank fiasco, as it lost over 50% of its value during Tuesday’s trading sessions.

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Author: Jamie Redman

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