While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it to Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches, has dropped considerably from the week of May 16-22 of last year. Search trends for the term “bitcoin” have slipped 72% from its highest score of 100 last May to today’s score of 28.
Global search queries for ‘Bitcoin’, ‘Ethereum’ and ‘Cryptocurrency’ continue to slide
Interest in bitcoins, NFTs, cryptocurrencies, and ethereum has declined based on Google search trends. Basically, the Google Trends web page analyzes the popularity of the top search queries globally and regionally and rates specific terms and phrases by the number of searches.
Last year, crypto assets like BTC and ETH hit all-time highs and interest spiked a lot during those specific time periods. Typically, when the price reaches new heights, Google Trends shows that worldwide inquiries go up and the opposite happens when the price goes down.
Metrics show that the term “bitcoin” hit a high of 100 in the week of May 16-22, 2021. The search query “bitcoin” was also high in January and February 2021, staying above 75 points. .
Today, the score is 72% lower than the statistics recorded in May, as the term “bitcoin” currently has a score of 28. The search query “ethereum” has a score of 8 today, which is 68%. lower than its highest score of 2021. 25 points. The term “cryptocurrency” has a score of 3 on January 7, 2022, but in May it peaked at 12.
Search query ‘NFT’ hits 100 this week, search phrase ‘How to sell Bitcoin’ drops, while ‘How to sell Ethereum’ rises
The shortened term for the non-fungible token “NFT” just hit a high of 100 this week, according to Google Trends statistics on Friday. During the first week of January 2021, the search query “NFT” only had a score of 1. The search trend for “NFT” grew slowly during the first six months, but in late 2021 and into the new year, rose sharply to its current all-time high.
While the global cryptocurrency market valuation of the entire crypto economy has declined of late, searches using the phrase “how to sell bitcoins” are low with a score of 12 on Friday. That’s 88% lower than Google Trend’s “how to sell bitcoin” maximum for the week of February 14-20 last year.
That week, the query for the phrase “how to sell bitcoins” reached 100, while “how to sell ethereum” scored 12. Interest in the phrase “how to sell ethereum” has risen to a score of 15 today. .
What do you think of the current search trend for terms like “bitcoin”, “ethereum” and “NFT”? Let us know what you think on this topic in the comment section below.
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