{"id":281157,"date":"2024-04-11T02:25:14","date_gmt":"2024-04-10T20:55:14","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=281157"},"modified":"2024-04-11T02:25:14","modified_gmt":"2024-04-10T20:55:14","slug":"bitcoin-btc-google-searches-just-surpassed-taylor-swifts-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/bitcoin-btc-google-searches-just-surpassed-taylor-swifts-crypto-news\/","title":{"rendered":"Bitcoin (BTC) Google Searches Just Surpassed Taylor Swift’s – Crypto News"},"content":{"rendered":"

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According to Galaxy Digital\u2019s recent market insight report, the term \u201cBitcoin\u201d has been searched on Google more than \u201cTaylor Swift\u201d and \u201cBeyonce\u201d.<\/span><\/p>\n

BTC Popularity and Key Catalysts<\/strong><\/h2>\n

Furthermore, Mike Novogratz stated that Bitcoin\u2019s Google search reached the highest level that it has seen in the last twelve months in March. This is not surprising considering that Bitcoin bagged a positive growth trajectory towards the end of Q1, 2024.\u00a0<\/span><\/p>\n

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March was the month when BTC hit a new all-time high (ATH) above $73,000.<\/span><\/p>\n

Collectively, Bitcoin price registered a jump of up to 13.94% in March, a move that had a ripple effect on other cryptocurrencies like Ethereum which equally hit a 4.82% increase in the same month.\u00a0<\/span><\/p>\n

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After the United States Securities and Exchange Commission (SEC) <\/span>greenlighted spot Bitcoin ETF <\/span><\/a>in January, the new product gained a lot of attention which also impacted positively on Bitcoin price and popularity. Key investment asset management firms like Grayscale Investments, <\/span>BlackRock, and Fidelity Investments<\/span><\/a> registered huge flows that resulted to more than $100 billion in trading volume for the nascent niche within weeks.<\/span><\/p>\n

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This frenzy contributed to the increased popularity of the underlying cryptocurrency. It has equally played a role in the heightened mainstream adoption of the coin in several jurisdictions. In the coming days, it is expected that many other firms will file to list their spot BTC ETFs.<\/span><\/p>\n

Different Countries Endorsing Bitcoin<\/strong><\/h2>\n

In addition, Bitcoin gained popularity as a result of a decision made by the Japanese Government. Precisely, the <\/span>Government Pension Investment Fund<\/span><\/a> (GDIF) of Japan, ranked as the world\u2019s largest pension fund by Asset Under Management (AUM) announced plans to diversify its investment portfolio through Bitcoin allocation. The bloc is trying to mitigate potential risks associated with market volatility and economic uncertainties.<\/span><\/p>\n

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The endorsement from Nayib Bukele, President of El Salvador could have also played a crucial part in getting Bitcoin to the forefront globally. El Salvador\u2019s president reiterated his nation\u2019s stance on holding Bitcoin, citing that there is no plan to sell off the holdings any time soon. Bukele also confirmed that El Salvador\u2019s BTC stake is currently valued at approximately $400 million, with a substantial gain bagged since it adopted Bitcoin as its legal tender.<\/span><\/p>\n

While El Salvador\u2019s Bitcoin holding is enviable, it is a far cry from <\/span>MicroStrategy\u2019s current holding<\/span><\/a>. The Michael Saylor-led company holds up to 214,000 BTC and is valued at more than $15 billion. The milestones from MicroStrategy and other reputable companies along with the hype that trailer these accumulations helped in making Bitcoin the most searched subject.<\/span><\/p>\n

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Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter<\/a>, Linkedin<\/a> <\/p><\/div>\n<\/p><\/div>\n

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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n

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According to Galaxy Digital\u2019s recent market insight report, the term \u201cBitcoin\u201d has been searched on Google more than \u201cTaylor Swift\u201d and \u201cBeyonce\u201d. BTC Popularity and Key Catalysts Furthermore, Mike Novogratz stated that Bitcoin\u2019s Google search reached the highest level that it has seen in the last twelve months in March. This is not surprising considering […]<\/p>\n","protected":false},"author":2,"featured_media":281158,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-281157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/281157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=281157"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/281157\/revisions"}],"predecessor-version":[{"id":281160,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/281157\/revisions\/281160"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/281158"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=281157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=281157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=281157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}