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While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Googleâs âYear in Searchâ review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week of May 16th through the 22nd of last year. Search trends for the term âbitcoinâ have slid 72% since it scored the highest score of 100 last May to todayâs score of 28.
Worldwide Search Queries for âBitcoin,â âEthereum,â and âCryptocurrencyâ Continue to Slide
Interest in bitcoin, NFTs, cryptocurrency and ethereum has waned according to Google search trends. Essentially, the web page Google Trends analyzes the popularity of top search queries worldwide and regionally and it scores specific terms and phrases by the number of searches.
Last year, crypto-assets like BTC and ETH reached all-time price highs and interest increased a great deal during those specific time frames. Typically, when the price reaches new heights, Google Trends shows that queries worldwide increase and the opposite happens when the price sinks.
Metrics show that the term âbitcoinâ saw a high of 100 on the week of May 16th through the 22nd, 2021. The search query âbitcoinâ was also high in January and February 2021, holding above 75 points.
Today, the score is 72% lower than the stats recorded in May as the term âbitcoinâ currently has a score of 28. The search query âethereumâ has a score of 8 today which is 68% lower than its highest 2021 score of 25 points. The term âcryptocurrencyâ has a score of 3 on January 7, 2022, but in May it reached a high of 12.
Search Query âNFTâ Taps 100 This Week, Search Phrase âHow to Sell Bitcoinâ Dips, While âHow to Sell Ethereumâ Increases
The shortened term for non-fungible token âNFTâ has just peaked at 100 this week, according to Google Trends statistics on Friday. During the first week of January 2021, the search query âNFTâ only had a score of 1. The search trend for âNFTâ grew slowly during the first six months, but at the end of 2021 and into the new year, itâs jumped considerably to its current all-time high.
While the global cryptocurrency market valuation of the entire crypto-economy has dropped in recent times, searches using the phrase âhow to sell bitcoinâ are low with a score of 12 on Friday. Thatâs 88% lower than Google Trendâs âhow to sell bitcoinâ high during the week of February 14th through the 20th of last year.
That week, the query for the phrase âhow to sell bitcoinâ reached 100, while âhow to sell ethereumâ scored a 12. Interest in the phrase âhow to sell ethereumâ has increased to a score of 15 today.
What do you think about the current trend of searches for terms like âbitcoin,â âethereum,â and âNFTâ? Let us know what you think about this subject in the comments section below.
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