Google trends, which are based on Google search requests on a global scale, are indicating that the term "Bitcoin" is being searched on the web more often than "stocks" in the last couple of weeks.

The top five pull requests by region, when it comes to Bitcoin-related web searching, are all in the US with Nevada taking up the first place, while New York is in the fifth place.

In our previous article about "83% of US investors would consider investing in Bitcoin", which was based on an analysis conducted by Grayscale, we took a closer look on what could suddenly cause such a sudden change of heart towards cryptocurrencies.

From the fact that the president of the United States of America Donald Trump mentioned Bitcoin in his tweets, to the regulatory authorities were already in sync with the industry and monitoring, if not playing a major role in its development, cryptocurrencies are undeniably in the forefront of mainstream media once again.

The growing legitimacy of Bitcoin and other crypto assets

The significant difference between the modern hype and the past movements of Bitcoin-related media into the surface is that today everyone seems to be ok with it.

Simply put, amateur and accredited investors are more likely to trust their funds into digital assets representing an alternative monetary system today, compared to the same group of people a couple years ago, where we had tons of dishonest ICO projects, ponzi schemes, and other dubious actors that made academic institutions, governmental organizations and policymakers take distributed ledger technology much less seriously.

It is undeniable nowadays how important blockchain technology can be for our everyday lives, and how efficient a DLT platform could be compared to traditional methods of intelligence exchange, whether for physical and digital assets, encrypted messages, or information that displays timestamped facts regarding a pre-determined industrial scenario.

With central banks, governments, tech giants and industrial behemoths jumping in the scene, blockchain and cryptocurrencies soon become more relevant and easy to trust as we already trust the third parties involved either directly or indirectly with the respective projects. Therefore, it should come as no surprise that people are increasingly interested in Bitcoin and other digital assets.

The research additionally mentions that the majority of people interested in Bitcoin are family holders, working parents that make less than $100,000 a year, which was previously the class most cautious about cryptocurrencies.

Bitcoin is also starting to gain legitimacy compared to traditional investments such as real estate gold and other physical assets.

The last time "Bitcoin" was surpassing "stocks" market in Google searches was in late 2017, a couple of months prior to the height of the cryptocurrency bull run.