Google searches for Bitcoin tripled during the last price hike

According to Google Trends, Google’s search for Bitcoin almost tripled during the last price hike.

According to Google Trends, the number of searches for Bitcoin increased from about 30 to 100 after a sharp jump in cryptocurrency prices was recorded on the night of April 2. That night, for the first time this year, BTC rose above $ 4,500, rising by 15% in an hour.

The graph of the dynamics of popularity is a sequence of numbers that indicate the level of interest in a topic in relation to the highest indicator in the table for a particular region and time period. 100 points mean the highest level of popularity of the request, 50 - the level of popularity of the request, half the amount compared with the first case. 0 points means a location for which there is insufficient data on the request in question.

According to statistics, the largest number of requests were made in Nigeria, the Netherlands, South Africa, Austria and Switzerland.

On April 3, BTC crossed the $ 5000 price level for the first time since November 2018, and by that time the crypto market had been growing for the third consecutive day. On April 4, the leading cryptocurrency reached an annual maximum of $ 5,300.

Currently, a quite expected correction is taking place in the crypto market. Bitcoin fell below $ 5000, and at the moment the task of the bulls - to gain a foothold above. Over the past 24 hours, the leading cryptocurrency has depreciated by 1.12%.