Searches for "Bitcoin going to zero" in the United States have reached an all-time high, according to Google Trends data. This surge coincides with Bitcoin's price dropping over 50% from its peak of nearly $60,000 in October last year. While the global interest in this search term has decreased, the heightened activity in the US suggests significant panic among retail investors.
Historically, similar spikes in search interest have aligned with local bottoms in Bitcoin prices, potentially indicating a buy signal. However, Google Trends measures relative interest, not absolute search volume, which may limit its predictive accuracy. Recent US macroeconomic challenges, including increased tariffs and geopolitical tensions, may have intensified investor concerns, contrasting with the more measured reactions in Asian and European markets.
US Searches for 'Bitcoin Zero' Hit Record High Amid Price Drop
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