Bitcoin Google Search Index Records 17 Points… "Interest Remains Low"

Source
Son Min

Summary

  • Bitcoin's Google Search Index has recorded 17 points, indicating that retail investor interest remains low.
  • They stated that the Google Search Index of 17 points is the same level as when Bitcoin priced at $17,000, $54,000, and $26,000 in the past.
  • Bitcoin is trading at $104,362 on the Binance USDT market, up 0.43% compared to 24 hours ago.

Retail investor interest in Bitcoin (BTC) remains at a low level.

On the 2nd (local time), Alfractal stated on X (formerly Twitter), "Bitcoin's Google Search Index is currently at 17 points," adding, "Despite Bitcoin surpassing $100,000, this shows that retail investor interest remains subdued."

According to Alfractal, the Google Search Index of 17 is the same level as when Bitcoin was trading at $17,000 in November 2022. Additionally, the same score was recorded in September last year ($54,000) and August the previous year ($26,000).

As of 8:04 PM, Bitcoin is trading at $104,362, up 0.43% in the past 24 hours on the Binance USDT market.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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