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There is no doubt that 2018 has been a tough year for Bitcoin and the
rest of the.cryptocurrencies. As the price slump continues to take a
toll on the price value of various virtual currencies, a research report
that was done on Google Trends has disclosed that there is a growing
percentage of the general public losing interest in digital assets,
including Bitcoin.
Specifically, the researchers made headways that searches for the two
top virtual currencies in the crypto market, Bitcoinand Ethereum, has
witnessed sharp depreciation in recent months. As per the findings of
the research, fewer people are showing interest in searching the word
Bitcoin on Google than at any time for about a year. Information
gathered from Google Trends indicate that Bitcoin’s search term is
advancing towards historic low levels of popularity never seen since May
2017.
This comes as a surprise as the market has been flooded by constant
streams of price analysis articles that claim Bitcoin fortunes are going
to skyrocket to a million dollars at any time while the endless cries
to decentralization have been on an all-time high. What the findings of
the study done on Google Trend tell us well done.