While bitcoin assets, non-fungible tokens (NFT), ethereum, and cryptocurrencies had an amazing year in 2021, none of the trends made it to Google’s review “this year in search”. At the moment, interest in bitcoin in terms of searches on Google has decreased significantly since the week of May 16 to May 22 last year. Search trends for the term “Bitcoin” have fallen 72% since it hit a high of 100 last May to a score of 28 today.
Global Search Queries for “Bitcoin,” “Ethereum,” and “Cryptocurrency” Keep Sliding
Interest in Bitcoin, NFT, cryptocurrency, and Ethereum has waned according to Google search trends. Essentially, the Google Trends web page analyzes the popularity of the most important search queries worldwide and a territory, and logs specific terms and phrases by the number of searches.
In the past year, crypto assets like BTC and ETH have reached all-time highs and interest has increased significantly during those specific time frames. Usually, when the price hits new heights, Google Trends shows that queries around the world are increasing and the opposite happens when the price goes down.
Metrics show that the term “Bitcoin” saw a high of 100 in the week from May 16 to May 22, 2021. The search query “Bitcoin” was also high in January and February 2021, settling above 75 points.
Today, the score is 72% lower than the stats recorded in May, where the term “bitcoin” currently has a score of 28. The search query “ethereum” has a score of 8 today which is 68% lower than the 2021 highest score of 25 points. The term “cryptocurrency” gained 3 points on January 7, 2022, but in May reached a high of 12.
Search Query ‘NFT’ Clicks 100 This Week, Search For ‘How To Sell Bitcoin Dips’ While ‘How To Sell Ethereum’ Increases
The short term for the non-fungible token “NFT” peaked at 100 this week, according to Google Trends statistics on Friday. During the first week of January 2021, the search query “NFT” only got 1 point. The trend of searching for “NFT” grew slowly over the first six months, but towards the end of 2021 and into the new year, it had jumped to an all-time high.
While the global crypto market’s assessment of the entire crypto-economy has fallen recently, searches using the phrase “how to sell bitcoin” are down with a score of 12 on Friday. This is 88% lower than the Google Trend’s “How to Sell Bitcoin” high during the week of February 14 to February 20 last year.
That week, the query for “how to sell bitcoin” hit 100, while “how to sell ethereum” scored 12. Interest in “how to sell ethereum” has increased to 15 today.
What do you think of the current trend of searches for terms like “bitcoin”, “ethereum” and “NFT”? Tell us what you think about it in the comments section below.
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