The king of cryptocurrency Bitcoin is moving onto new highs while the global Bitcoin web searches are nearing the all-time low on the global level. Despite all movement in the global industry Nigeria is the country leading Bitcoin all-time highs at the moment.
Bitcoin web searches data from Google trends
Bitcoin web searches are often taken as irrelevant data metrics that may not be of much value to the overall industry growth. Still, looking in closely, it may reveal a lot more about the state of cryptocurrency.
For starters, if nothing else, it describes the peak interest regions for your next Bitcoin-based project regardless of the feasibility. This is best for non-profit organizations such as Paxful, which is set to introduce its next Bitcoin-funded school in Nigeria. Whereas, the most popular Bitcoin-related search query has been the exchange Binance.
Bitcoin web searches top 10
The top ten countries by global Bitcoin web searches stands as following
- Nigeria with a score of 100
- South Africa with a score of 90
- Ghana with a score of 76
- Austria with a score of 68
- The Netherlands with a score of 66
- St Helena with a score of 66
- Slovenia with a score of 66
- Singapore with a score of 63
- Switzerland with a score of 60
- Australia with a score of 59
Whereas, the major industry leaders, i.e., Canada, United States, Malaysia, Germany, and the United Arab Emirates, hold the 11th, 12th, 13th, 14th, and 15th positions, respectively. While statistics for China evade the data as usual since Google services have been long barred in the country for various political reasons.
On the other hand, the United States of America is the industry leader in the cryptocurrency and blockchain industry, but Bitcoin web searches generated from the country are at an even lower position that the global total.
Bitcoin web searches data in the United States from Google Trends
The current United States Bitcoin web searches score stands at a mere seven while California, Nevada, Hawaii, Washington, and New York are the top five states searching for Bitcoin in that respective order.
Interestingly enough, the most search term in the United States happens to be “bitcoin atm near me,” which reveals the presence of major retail traders in the country despite all French efforts to improve retail Bitcoin transactions in the country.
Featured Image by PikRepo
