While bitcoin, non-fungible tokens (NFTs), ether and other cryptocurrencies have seen an incredible rise in 2021, none of these trends made it into the review. Year in Search That Google published. Currently, interest in the top cryptocurrency for Google searches has declined significantly since the week of May 16 to 22 of last year. The search frequency for the term “bitcoin” has dropped 72% from the high score of 100 last May to the current score of 28.
The number of search queries for “Bitcoin”, “Ethereum” and “Cryptocurrency” continues to decline across the world
Interest in bitcoin, ether, non-fungible tokens, and cryptocurrencies in general has declined according to Google search trends. Essentially, the web page Google Trends analyzes the popularity of top search queries both globally and regionally, scoring specific terms and phrases based on the number of searches.
Last year, crypto assets such as bitcoin and ether hit their all-time highs and interest has risen a lot during these specific times. Typically, when the price hits new highs, Google Trends shows that the number of queries around the world increases. The opposite happens when prices fall.
The metrics show that the query for “bitcoin” peaked at 100 points during the week of May 16-22, 2021. The search frequency for the word “bitcoin” was also high in January and February 2021, maintaining as high as – above 75 points.
Today, the score is below the statistics recorded in May by 72%, with the term “bitcoin” currently scoring 28 points. The search query “Ethereum” has just 8 points today, which is 68% lower than its highest score of 2021, which stood at 25. The term “cryptocurrency” sees a score of 3 on the 7th. January 2022, also recording the drop in popularity compared to data recorded in May when the query peaked at 12 points.
NFTs hit the top today
The abbreviation “NFT” indicating a non-fungible token just peaked at 100 points this week, according to statistics from Google Trends. During the first week of the past year, the search query “NFT” only had a score of 1. The tendency to search for “NFT” increased slowly over the first six months, but at at the end of 2021 and at the start of the current year, it exploded, having reached its current all-time high.
As the valuation of the global cryptocurrency market has plummeted in recent days, research using the phrase ” how to sell bitcoin Are quite rare with a score of 12, recorded this Friday. That’s 88% below the peak of this Google Trend phrase in the week of February 14 through February 20 of last year.
That week, the query for the phrase ” how to sell bitcoin “Reached 100 points, while” how to sell ether “Got 12. Today, interest in the expression” how to sell ether Increased to a score of 15.
It is undoubtedly true that the domain Booming NFT is experiencing an unprecedented explosion in popularity and recognition. Despite the fact that bitcoin and ether are now less popular on Google Trends, we are sure the crypto market has a bright future ahead of it. While waiting for the bullrun of the first two cryptoassets, we suggest that you stay on Cointribune in order to be up to date!
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