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Searches for the keyword "Bitcoin corona virus" surpassed "Bitcoin halving" on Google

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    Curiously, the number of searches for the keyword “Bitcoin coronavirus” has surpassed “Bitcoin halving” on Google Trends.

    The term “bizarre” is showing the most traffic coming from Europe. Research shows that Austria, Switzerland and Ireland are the three countries that search for the keyword “Bitcoin coronavirus” the most.

    12-month search trends of
    12-month search trends of “Bitcoin halving” and “Bitcoin coronavirus”: Source: Google

    Singapore, Germany, Australia and Canada are also generating significant searches for this keyword, while the US is only ranked 13th.

    Interest in “Bitcoin halving” outperforms “ETH 2.0”

    The search queries for the upcoming Bitcoin halving event are significantly higher than the upcoming Ethereum 2.0 update (ETH).

    12-month search trends of
    12-month search trends of “Bitcoin halving” and “ETH 2.0”: Source: Google

    When compared with the growth of the previous Bitcoin halving, searches for the term “Bitcoin halving” seem to have been steadily built for many more months, suggesting that this event could work. impact on prices more during this time.

    5-year search trend of
    5-year search trend of “Bitcoin halving”: Source: Google

    However, the sudden increase in the number of searches for the keyword “Bitcoin halving” does not seem to correlate with the search fluctuations for “buy Bitcoin”.

    The five-year search trend of
    The five-year search trend of “Bitcoin halving” and “Buying Bitcoin”: Source: Google

    Search altcoins correlated with market capitalization

    Looking at the top 5 altcoins by market capitalization – Ethereum, Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and Bitcoin SV (BSV), we can see that searches are correlated with The order of each type of cryptocurrency assets by market capitalization, except “Litecoin” attracts more searches than “Bitcoin Cash”.

    12-month search trends of the Top 5 largest altcoins by market capitalization: Source: Google
    12-month search trends of the Top 5 largest altcoins by market capitalization: Source: Google

    However, search volume for Bitcoin is still superior to altcoins.

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    According to CoinTelegraph
    Translated by ToiYeuBitcoin

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