Bitcoin Google Searches Hit 9-Month Low, Cardano Surges

BeInCrypto –

According to data from Google Trends, the search frequency for the phrase “Bitcoin” has fallen to a 9-month low. Moreover, the long-term chart suggests that the current bull market has not even broken through the peak of the previous cycle in late 2017.

However, a look at the trend for some altcoins provides a quite different perspective. One of them is the phrase “Cardano”, which has not only surpassed the values of the previous cycle several times, but is also currently rebounding very quickly.

9-month low for “Bitcoin”

Google Trends is a tool that gives access to unfiltered data on searches coming up on the Google search engine. Crypto market analysts sometimes use this tool to diagnose the sentiment of retail market participants and look for trends for phrases correlated with cryptocurrencies and blockchain technology.

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