Curiously, the search term “bitcoin coronavirus” has overtaken “bitcoin halving” on Google Trends.
#Bitcoin , #Ethereum, #Bitcoingape ‘Bitcoin Coronavirus’ Search Traffic Overtakes ‘Bitcoin Halving’ https://t.co/K53A9EPwtG — 🌟 Bitcoingape 🌟 (@bitcoingape) March 7, 2020
It has been reported that the odd search term is seeing the most traffic from Europe. Research indicates that Austria, Switzerland, and Ireland comprise the three jurisdictions that produce the most searches for “bitcoin coronavirus.”
Singapore, Germany, Australia, and Canada are also producing significant traffic for the keyword, while the United States ranks 13th.
However, interest in the Bitcoin’s upcoming halving is significantly dwarfing queries for Ethereum’s (ETH) upcoming ETH 2.0 revamp.
When compared with the run-up to Bitcoin’s previous halving, search traffic for the term “Bitcoin halving” appears to have been steadily building for many more months, suggesting that the event may be more priced into the markets this time around.
Likewise, spikes in searches for “Bitcoin halving” do not appear to correlate with fluctuations in the searches for “buy Bitcoin.”
Looking at the top five altcoins by capitalization such as Ethereum, Ripple (XRP), Bitcoin Cash (BCH), Litecoin (LTC), and Bitcoin SV (BSV), we can see that volume of search traffic largely correlates to the order of each crypto asset by market cap — with the exception of “Litecoin” garnering more searches than “Bitcoin Cash”.
Thus, the traffic for “Bitcoin” dwarfs every altcoin.
Source: cointelegraph.com | Image: independent.co.uk