Bitcoin is the leader in media coverage: over the past seven years, it has appeared in headlines 80 thousand times

Bitcoin dominates not only the market, but also in the headlines: the first cryptocurrency is on the first place mentioned in the media for at least 7 years. This was the conclusion of the BDCenter Digital agency, having analyzed 223 thousand headlines of foreign cryptocurrency news sites.

Most common words

From 2013 to 2019, the following words were most often used in the headings of the analyzed media:

Top 20

Bitcoin is in the first place by a wide margin. For seven years, the name of the leading cryptocurrency has appeared in the headlines more than 80 thousand times. Closes the top 20 Binance exchange.

The second twenty included ICO, mining, token and wallet.

21-40 place

And so the top 10 has changed over the years:

In 2017, the word analysis disappeared from the ranking(analysis), but for the first time entered the word exchange (exchange). The leading position in the TOP-10 throughout the entire time is invariably occupied by Bitcoin. And it is unlikely that this will change in the next few years - given that the mention of popular brands in the heading also increases views of the material up to 38%, according to BDCenter Digital.

Change the number of news and length of headlines

Cryptocurrency news every yeargetting bigger. Given that the industry is developing rapidly, this is not surprising. But it is interesting that in parallel with this, the average and maximum length of the headers is growing.

One of the reasons that the media increases the number of characters may be the desire to simplify the choice for the reader, making the headings more informative.

In the era of the fight against clickbait, search engineslower resources in the issuance, if those have a large failure rate. One way to keep the reader on the site is to use clear headings that are not misleading.

Mood analysis

Like any sphere at the beginning of its journey,cryptocurrency faced with high expectations and, as a result, strong disappointment. But over time, more and more began to be written about it, the sphere became clearer, and the illusions regarding cryptocurrency finally began to disappear.

Since 2017, mood swings in media headlinesbecoming less noticeable. The news is in a positive direction. The exception is a sharp decline in the second half of 2019: then the price of bitcoin collapsed from the highest for the year $ 13,000 to $ 7000.

Crypto-media mood swings

Most cryptocurrency media headlines are written in a positive and trusting manner. The share of negativity and fear that is inherent in world news is rather low.

Moods in the headlines of crypto media

The most rapid was the growth in moods.“Trust” and “positive”: since 2017, the curve has risen sharply. Most likely, this is due to the Bitcoin exchange rate: then it grew from $ 1,000 to $ 17,000, which made the cryptocurrency market come alive.

How moods have changed over the years (2013-2019)

Paired word associations: number and correlations

Using this method, the authors of the study calculated how many times the words X and Y appeared in the same heading. The thicker the line - the more such sets are found.

In the top for use: bitcoin - price, bitcoin - cash and bitcoin - technic.

The graph shows the most popular word combinations for news headlines.

The study involved citedforeign news publications whose attendance is more than 100 thousand per month according to SimilarWeb, namely Cointelegraph, CoinDesk, The Daily Hodl, Blockonomi, news.bitcoin, 99 Bitcoins, Portal do Bitcoin, Bitcoinist, AMBCrypto, Crypto Briefing, NewsBTC, Coingape, CryptoSlate, Invest In Blockchain, Ethereum World News, Coindoo, UseTheBitcoin, CryptoPotato, CoinCentral, Siam Blockchain, Coin Hero, Coinspeaker, BeInCrypto, CCN, Cointurk, CryptoGlobe, BTC Wires, BTC Manager.