The crypto word, which scored 17 out of 100 in Google searches, has reached its lowest value since May 2021.
Based on data from Google Trends, the term “crypto” currently has 17 points, marking the lowest level since May 2021. The collapse of LUNA, the closure of FTX, the increasing regulatory pressures recently, the bankruptcy of old crypto exchanges, the problems experienced in crypto-friendly banks, the crypto industry, which is falling out of favor almost every month, has also shown this data on Google Trends.
Is Interest In Crypto Decreasing?
In particular, the problems in the Terra ecosystem and the collapse of FTX hit the crypto ecosystem, putting the industry in a difficult time. The crypto market, which has not yet experienced a clear bull market since then, has led many investors to leave this area. Investors, who are usually involved in crypto trading during the last part of the bull season, haven’t been too involved since 2021, except for the mid-rise seasons.
Coming from $ 69,000 to $ 15,600, BTC is currently priced at $ 26,800. The apparent lack of outside investor or new investor involvement in the market yet shows the lack of interest in crypto. Google Trends data, which came to 17 points, was the clearest example of this situation.
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