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 is firmly trading above the $100,000 level, drawing renewed optimism from investors while also raising caution among analysts watching for potential turbulence ahead.
Metaplanet has stepped up its commitment to Bitcoin by securing $21.25 million through its latest bond offering, the company’s 14th in a series of ongoing capital raises tied to its aggressive crypto strategy.
Bitcoin has reached a major benchmark in its battle against traditional financial benchmarks, with its value relative to the S&P 500 hitting a record high of 17.725 on May 8.
A well-regarded crypto analyst believes that Bitcoin (BTC) could experience a final, explosive rally before the current market cycle concludes.