May 2, 2024

The popularity of bitcoin in the regions of Russia is higher than in Moscow and St. Petersburg

The popularity of bitcoin in the regions of Russia is higher than in Moscow and St. Petersburg

Russian Internet users living in the regions are much more interested in Bitcoin than theircompatriots from the capital. This is evidenced by data from the Google Trends service.

The largest number of searchesconnected with the largest cryptocurrency, over the past 12 months, residents of Chechnya and Dagestan have sent. The Nenets Autonomous Okrug, Irkutsk Oblast and Khakassia were among the five leaders in the rating.

Moscow and St. Petersburg occupy only the 20th and 23rd places, respectively.

The popularity of bitcoin in the regions of Russia is higher than in Moscow and St. Petersburg

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The biggest surge in Russian interest in BTCobserved in the spring of 2020. The increase in the number of search queries on the World Wide Web was directly related to the so-called May halving (halving the reward of Bitcoin miners).

Another factor that fuels the interest of citizensRF to cryptocurrency, the ruble fell in March and April. People were interested in bitcoin, first of all, as a form of hedging risks against the background of a weakening ruble against the dollar and the euro.

After halving, interest in Bitcoin began to subside, which was reflected in a decrease in the search activity of Internet users.

Many analysts periodically call on Russiansinvest part of your capital in BTC. However, they warn that when investing in cryptocurrency, you need to focus on the long-term strengthening of the asset, and not on immediate profit.

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