Fewer and fewer people are searching for “bitcoin” these days, and speculators are wondering what to make of it. Bloomberg first noticed the damning Google Trends report. This chart condenses the past year of people typing “bitcoin” into a Google search bar, and it shows that searches for this particular cryptocurrency are approaching new six-month lows. They’re down some 80% since bitcoin hit its all-time high in December. The crypto community are mostly scratching their heads at this data point. Why aren’t people googling “bitcoin” anymore? Does it mean something or nothing for bitcoin’s price? Google Trends reveals that this decline isn’t strictly limited to bitcoin. A similar pattern, more…
In case you've never seen it before, here's what Google's homepage looks like on a laptop (via Pixabay).