Searches for Bitcoin on Google Drop to Lowest Since October
(Bloomberg) -- People just aren't that interested in Bitcoin since the digital currency's manic price surge came to an abrupt end late last year.
With the largest cryptocurrency down about 40 percent from its all-time high reached in December, Google Trends data show searches are down by more than 80 percent. The last time so few people were interested, Bitcoin traded near $5,000.Â
The decline in interest searches coincides with trading volume failing to recover alongside prices in February.
To contact the reporter on this story: Eddie van der Walt in London at evanderwalt@bloomberg.net.
To contact the editors responsible for this story: Jeremy Herron at jherron8@bloomberg.net, Dave Liedtka, Andrew Dunn
©2018 Bloomberg L.P.
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