Massive drop in searches for Bitcoin on Google

People just aren’t that interested in Bitcoin since the digital currency’s manic price surge came to an abrupt end late last year, Bloomberg reports.

With the largest cryptocurrency down about 40% from its all-time high reached in December, Google Trends data show searches are down by more than 80%, it said.

The last time so few people were interested, Bitcoin traded near $5,000.

The decline in interest searches coincides with trading volume failing to recover alongside prices in February, Bloomberg said.

Data last year showed strong interest for the cryptocurrency in South Africa which briefly topped every other country with Google searches for ‘Bitcoin’.

 


Read: South Africans are googling “Bitcoin” more than any other country in the world

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Massive drop in searches for Bitcoin on Google