Buy Bitcoin Searches at 2-Year Low, Ethereum Merge Queries See ATH (Google Trends) – CryptoPotato

The demand and interest in bitcoin seem to be further fading among retail investors, at least according to data from Googe Trends.

At the same time, the searches for the upcoming Ethereum Merge event have skyrocketed to a new all-time high days before the blockchain’s transition to PoS.

No Searches for Bitcoin

Google trends data shows the behavior and interest of retail investors as they tend to inquire about certain investments on the world’s largest search engine. The rule of thumb is that when a particular asset is hot (usually meaning its price is soaring), more and more people are looking for it – an example evident amid the bull run in late 2020 and 2021.

When the asset cools off and lacks volatility, the trend changes. This has been the case in the past several months, as BTC lost over 50% of its value and then calmed around the $20,000 mark.

The “bitcoin” searches worldwide have declined to the lowest levels since December 2020 – just ahead of the bull market. At the same…

Read Full Story: https://cryptopotato.com/buy-bitcoin-searches-at-2-year-low-ethereum-merge-queries-see-ath-google-trends/

The post Buy Bitcoin Searches at 2-Year Low, Ethereum Merge Queries See ATH (Google Trends) – CryptoPotato first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/09/11/buy-bitcoin-searches-at-2-year-low-ethereum-merge-queries-see-ath-google-trends-cryptopotato_2022091129916.html

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