“Bitcoin is Dead” is Trending in Google Search, $20K Support Holds – Business 2 Community
The phrase “Bitcoin is Dead” is trending in Google’s search engine as the crypto market is suffering one of its worst declines in years with the digital assets recording year-to-date losses of 57.5% according to data from CoinMarketCap.
Data from Google Trends shows that the popularity of this keyphrase is surging to its highest level since May 2021 back when the Chinese government was cracking down hard on the domestic mining and crypto trading industry.
However, the popularity of the term is still not yet reaching the high levels seen in 2017 and 2018 back when BTC experienced one of its most pronounced winters, with the price declining from a peak of $20,000 per coin to as little as $3,000 per coin in roughly a year.
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Website Tracks 15 Apocalyptic Predictions for BTC So Far in 2022
According to data compiled by 99Bitcoins, a digital magazine that keeps a record of all BTC online obituaries, the digital asset has died 15 times this year and 455 times since…
Read Full Story: https://www.business2community.com/crypto-news/bitcoin-is-dead-is-trending-in-google-search-20k-support-holds-02509088
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