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.
Strategy, the business entity formerly known as MicroStrategy, recently revealed through legal filings that it has temporarily halted its Bitcoin acquisitions.
Bitcoin whales have been actively accumulating more of the cryptocurrency, according to Glassnode data, signaling strong buying interest in the market.
Satoshi Nakamoto, the elusive creator of Bitcoin, has seen his once-massive fortune take a significant hit.
Market observers have noticed an interesting pattern linking XRP price spikes to Bitcoin’s local peaks.