Bitcoin’s price surge to as much as $69,000 last year and a range above $40,000 this year has failed to attract continual interest from retail crowds, search data from Google Trends suggests. By shauryamalwa
Bitcoin’s price surge to as much as $69,000 last year and a range above $40,000 this year has failed to attract continual interest from retail crowds, search data from Google Trends suggests.
Interest in bitcoin was at its peak in 2017. Relative to that, the search interest fell in 2021 and reached levels last seen in 2020 this week. “Bitcoin has risen in price several times, with its investment threshold becoming higher for new users," explained Johnny Lyu, CEO of KuCoin, in a Telegram message."But many new cryptocurrencies known as altcoins have appeared since, which, according to users, can be more attractive as investments."
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