24 Aug 2020

New investors entering the market?

Search interest for “buy crypto” is growing rapidly
Source: Google Trends
Google searches for “buy crypto” is now at the highest level since January 2018, when the crypto market peaked. The search interest has been growing steadily this year but has spiked over the past month. This is definitely a sign of new investors who are curious on the cryptocurrency space, but we’re still far from the retail euphoria that was seen back in Jan ’18.Bitcoin itself is not getting the same kind of traction, with the search interest for “buy bitcoin” laying flat since the top in May when the halving took place.
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