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Twitter Analytics Data Indicates Social Media Interest In The Digital Currency Sets New Records

Report said that Twitter analytics data indicates that social media interest in the digital currency is setting new records across numerous key metrics, as Bitcoin continues to post all-time highs well into the $30,000s.

It has been reported that in a tweet on Saturday (January 2) that the official handle for The TIE, a cryptocurrency data firm, showed that the number of unique Twitter handles tweeting about Bitcoin has hit a new all-time high by eclipsing a 64,000 mark last seen during the peak of the 2017 bull run. 

🚨🚨 The number of unique Twitter accounts tweeting about #Bitcoin has just hit an all-time high of 66,832, surpassing the previous high of 64,652 set on 12/27/2017. — The TIE (@TheTIEIO) January 3, 2021

However, Joshua Frank, the CEO of The TIE, said that the interest is only continuing to grow and that it’s not limited to Bitcoin. 

The report said that according to Frank, since The TIE’s tweet the number of unique handles posting about Bitcoin has risen above 70,000 for the first time ever, the total tweet volume has eclipsed the December 2017 high of 135,000 to reach 140,000, and the overall number of crypto tweets has also hit a new high of nearly a quarter-million in a 24-hour period.

The Twitter crowd can't get enough of #Bitcoin! Following a series of ever-higher highs, Bitcoin has also broken numerous records relating to tweet volume and activity. — Cointelegraph (@Cointelegraph) January 3, 2021

Likewise, the increased volume is not limited to Twitter.

Thus, search volume for “Bitcoin” is climbing in stride with the cryptocurrency’s price. “How to buy bitcoin” is soaring as well.

Source: Cointelegraph



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