Altcoin News: Google Trends Data Show Renewed Interest in Bitcoin

May 15, 2019, by Marko Vidrih on ALTCOIN MAGAZINE

The recent rise in the price of Bitcoin provoked interest in the leading cryptocurrency by Google search users, according to data provided by the Google Trends analytical service.

Thus, information from last week suggests that the number of Bitcoin-related requests in the world approached November levels when user interest was probably due to the rapid fall in the price of cryptocurrency. According to Google’s forecast for the current week, by the end of it, the level of interest can reach an annual maximum.

Positive changes are noticeable in a wider temporal context, although it is not yet possible to talk about levels of popularity comparable to the values ​​of the peak of the bull market.

Currently, Bitcoin is trading slightly below $8,000, after reaching another local maximum above $8,200 on Tuesday.

Author: Marko Vidrih

Charts via Google Trend