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Analysis

Bitcoin Performance and Google Search Activity

  • June 3, 2022

In 2017, when Bitcoin was at its peak of popularity, the correlation between search queries was very high. At the same time, growth of search queries could precede the spike in BTC price.

Since 2020, the situation has slightly changed. Now it is often possible to observe an inverse correlation between these indicators, as well as the preceding growth (decline) of BTC to the rise of the popularity of search requests. Today, Bitcoin price does not depend on Google Search activity.

👉 https://cryptorank.io/ru/price/bitcoin


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