March 6, 2021

The growing interest in bitcoin in the search engines Google and Baidu

The growing interest in bitcoin in the search engines Google and Baidu

The number of requests related to bitcoin in the Chinese search engine Baidu during the month increased by 183%, according to the Baidu index. The growth occurred against the backdrop of one of the largest crypto market crashes in its history.

Also, interest in bitcoin is growing again amongGoogle users. According to Google Trends, the indicator reached a local peak in June 2019, as well as the price of cryptocurrency. Then, in the considered segment, it was rated as maximum or 100 points, now - for the first time since then, at 77 points.

The growing interest in bitcoin in the search engines Google and Baidu

</p>

In addition, community members draw attention to the fact that the number of requests for the keywords “buy bitcoin” has been growing recently, while “sell bitcoin” has remained unchanged.

The growing interest in bitcoin in the search engines Google and Baidu

</p>

Although keen interest in buying cryptocurrencyregarded as a positive signal, it can be assumed that people who already have bitcoin are familiar with it much better and therefore will less likely contact the search engine with questions about its sale.

On the other hand, interest in Ethereum and XRP grew until the beginning of February, when the cryptocurrency market itself was rising, but since then it has only fallen, unlike the Bitcoin indicator.

The growing interest in bitcoin in the search engines Google and Baidu

</p>

Against the backdrop of the coronavirus pandemic, increasedInternet use in general. The DE-CIX firm, using the data it collected in Frankfurt as an example, claims that traffic has grown by an average of 10% and bandwidth congestion has exceeded 9.1 terabits per second, thus reaching a new record. The traffic associated with web conferences (Skype, WebEx, Teams) increased by 50%, and traffic from cloud and online games, as well as social networks, by 25%.

</p>

Rate the publication