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Google Trends Reveal Surging Interest in Bitcoin Amidst 10-Month Highest Prices

According to recent global data collected from Google Trends, the keyword “bitcoin” has achieved a remarkable score of 93 out of 100 in the past week. Additionally, the value of bitcoin has experienced a significant surge above the $30,000 threshold for the first time in ten months, specifically since June of 2022.

Growing Bitcoin Search Interest

Bitcoin’s search interest has been steadily increasing since the leading crypto asset successfully tapped the $30,000 mark on Tuesday, April 11, 2023. This milestone marks the first time Bitcoin’s price has surpassed the $30,000 mark since June 8, 2022. 

According to reports, BTC’s market dominance currently sits at over 47%, the highest it has been in two years. Notably, the hashtags #bitcoin, #ETH and #cryptocurrency are generating significant buzz on Twitter, with over 88,000 tweets featuring the #cryptocurrency hashtag. Interestingly, Google Trends (GT) reported a search score of 93 out of 100 for Bitcoin at 4:00 p.m. Eastern Time on Tuesday.

In the last 24 hours, there has been a significant increase in the search volume for Bitcoin. Based on the data, the search term has achieved a score of 64 out of 100 in the past 30 days. On Tuesday, the score for Bitcoin-related news searches was 54 out of 100. 

However, on April 10, 2023, the score for Bitcoin news skyrocketed to 100, indicating a heightened level of interest in the topic. It is also worth noting that a substantial portion of the global interest in Bitcoin search queries on Tuesday was linked to El Salvador.

Popular associated topic related to Bitcoin

In the domain of bitcoin search interest, El Salvador’s popularity is rivaled by regions such as Nigeria, the Netherlands, Slovenia, and Switzerland. Recently, Bitfinex, which was granted a license in El Salvador to issue bitcoin bonds, gained significant attention in the vertical trends or related queries.

 Additionally, the discovery of the Bitcoin white paper on macOS devices has contributed to the boost in search rankings for Bitcoin. The search term bitcoin is also associated with related topics like the white paper itself, Microstrategy, and the name Nakamoto.