• Press Releases
    • Submit a press release
    • Read All
  • Advertise
  • Contact us
Crypto.com Logo Crypto.com Logo
Bitcoinist.com
No Result
View All Result
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance
Breaking News: Crypto Giant Binance In Hot Water: CEO Responds To Trading Violation Claims
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance
Bitcoinist.com
No Result
View All Result
Breaking News: Crypto Giant Binance In Hot Water: CEO Responds To Trading Violation Claims
google search bitcoin btc
Advertisement

Bitcoin Searches Surpass Stocks as Economic Skies Darken

Martin Young by Martin Young
4 years ago
in Bitcoin, News, News teaser
0
Advertisement
Advertisement

What people search for on the internet can often be a good indicator of potential investment trends. According to Google Trends, there are now more people interested in bitcoin than there are in stocks.


Bitcoin Tops Stocks on Search

For the first time since late 2017, bitcoin searches on Google have surpassed those for stocks. For most of 2018 when bitcoin and crypto were suffering during the bear market, searches for stocks were higher. But as BTC began to rally in April and May this year the trend flipped in the digital currency’s favour.

Don't wait! Jump on this Crypto Deal and get a 150% Welcome Bonus plus 100 Free Spins on your deposit today!

bitcoin searches

For the week of June 23 to 29 bitcoin eclipsed stocks with an interest of 100 compared to 58 for the traditional asset class. The average for the past month has also been in bitcoin’s territory with a score of 79 to 76.

Geographically, most stock searches originate in the US and Canada and it is highly probable that people are searching for individual stocks rather than the general term. However, the trend could indicate a wider paradigm shift in interest for crypto assets as a vehicle of investment.

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
570% up to 12 BTC + 300 Free Spins for new players & 1 BTC in bonuses every day, only at Wild.io. Play Now!

The top five countries most interested in bitcoin over the past month are Brazil, Turkey, Nigeria, Germany and Argentina.

Economic Woes Deepening

There could be a number of fundamental factors driving this search trend. Firstly, bitcoin has been in the political limelight recently for all the wrong reasons. Facebook has clearly riled the regulators who have shone the flashlight of fear over all digital assets. Bitcoin was also mentioned by US president Trump last month in a tweet that most industry observers viewed as bullish despite the underlying negative sentiment.

There is no denying that global economic woes are escalating as memories of the last financial crisis begin creeping back. Yet again the US is spearheading financial tensions with an escalating trade war with China. The fallout from that is being felt across Asia as neighboring nations begin to wonder if they will be the next target for Trump’s tariffs.

Britain’s Brexit has created a cloud of economic uncertainty that has lasted over two years as infighting between inept politicians delay the process and prevent any chances of moving forward. As a result GBP has plunged to lows not seen for several years.

An escalating debt problem in most developed nations may also be driving people to research bitcoin as they seek to hedge against their own currencies while fears of another financial meltdown mount.

Will bitcoin ever surpass stocks for investments? Add your comments below.


Images via Shutterstock

ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.

Martin Young

Martin Young

Martin has been writing on technology for 15 years, he has a keen eye for emerging cryptocurrency news, blockchain developments, and market sentiment.

Related Posts

Bitcoin

Research Firm Breaks Down Impact Of MicroStrategy Purchases On Bitcoin Price

57 mins ago
Bitcoin

Bitcoin Open Interest Shoots Up With Price Rise, Long Squeeze Brewing?

7 hours ago
Bitcoin

Bitcoin: Why This Is The Best Time To Buy The Crypto, According To R. Kiyosaki

14 hours ago
bitcoin inflation

This Chart Says Bitcoin Is A Leading Indicator For Inflation

22 hours ago
Bitcoin exchange balances

Bitcoin Reclaims $28,000 As BTC Balances On Exchanges Fall

1 day ago
Bitcoin

Bitcoin On-Chain Data Shows No Signs Of FUD Among Binance Users

2 days ago
Please login to join discussion

Premium Partners

Premium Casino Partners

Play Finance

Trending Projects

  • 5 Best Upcoming ICO List of March 2023

    1 week ago
  • Crypto Investment for Long term: 3 Coins to keep your eye...

    1 week ago
  • Cryptocurrency to invest in March 2023

    1 week ago

Top Casinos

BitStarz
BitStarz
Punt Casino
Punt Casino
mBit
mBit
1xBit
1xBit
UU.Game
UU.Game
K8
K8

Press Releases

  • Cryptocurrency News: Analyst’s Top 3 Picks: Polygon...

    3 hours ago
  • The 5 Best Cryptos under $1

    3 hours ago
  • Volt Inu Announce that VoltiCard – A Prepaid Virtual...

    4 hours ago
  • Top Altcoins To Buy For April: Avalanche (AVAX), BNB (BNB)...

    4 hours ago
  • Ripple (XRP) and Nexo (NEXO) on the Rise as Orbeon Protocol...

    4 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS
  • NAGA

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

Pages

  • Contact us
  • Editorial Policy
  • Advertise
  • Crypto Prices from Nomics
© 2023 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • Gambling
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
  • Industry
    • Industry News
    • Press Releases
  • Price
    • Bitcoin Price
    • Ethereum Price
    • Litecoin Price
    • Binance Coin Price
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
    • Bitcoin Casinos – Where, What and How to Play
  • Events
  • Play Games
  • Play Casino Games
  • Win 1 BTC
  • Play Finance

© 2022 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.