Bitcoin reached $66,000 yesterday, even as interest in the cryptocurrency appeared to wane, with Google searches for "Bitcoin" nearing levels not seen since 2020.
Additionally, Google has removed price charts for Bitcoin and several other cryptocurrencies from its search results.
Over the past three months, searches for “Bitcoin” have consistently declined, hitting their lowest point of 2024 during the week of October 13-19.
The last time search interest was this low was on October 12, 2020, when it ranked at 12. Recent data shows a slight increase to 15 as of Sunday.
Several users on X (formerly Twitter) noted that Bitcoin, Ethereum, XRP, and SOL no longer have dedicated market summaries on Google.
However, cryptocurrencies like Dogecoin, Monero, Tether, Binance Coin, Cardano, and Tron still display price charts and market data. Bitcoin and Ether do remain visible on Google Finance.
Over the past year, Bitcoin’s value has surged from $27,000 to $66,000, frequently crossing the $60,000 mark since March.
Bitcoin appears to be entering a more mature phase, with volatility reaching record lows and institutional interest on the rise.
Bitcoin has seen a volatile week, climbing over 7% and trading near $85,750 as of April 15.
Bitcoin may be gearing up for another rally, and one key macro trend could be the driving force: a surge in global liquidity.
Bitcoin briefly surged past $86,000 on Tuesday, reaching levels not seen since early April, before slipping back slightly.