The word "cryptocurrency" has become less searched in search engines

In the Google search engine, the amount of queries regarding the word "cryptocurrency" began to decrease significantly. The indicator reached the figures that were at the end of 2020. This is indicated by Google Trends statistics.

Analytics Details

Users showed maximum interest in the word "cryptocurrency" in 2021. At the same time, they are looking for "digital assets" most often in Singapore, Nigeria and the Netherlands. 

The frequency of searches began to decrease about a year ago. Recall that then the Terra cryptosystem collapsed. Then the trend accelerated significantly in November. Then the FTX cryptocurrency exchange filed an application for its insolvency.

Coin Bureau, which is a cryptocurrency analyst, suggests that the presence of negative dynamics indicates a correlation with the decline in activity on cryptocurrency exchanges. The indicator also shows the lowest values for the last 2.5 years.

The drop in interest is not observed in all branches of the cryptocurrency industry. For example, users are increasingly looking for DeFi, and the finest hour of meme coins was at the beginning of last month.

At the same time, the fear and greed index is placed at a neutral 50 points. This confirms that investors have a neutral mood.

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