Bitcoin Google Search Interest Hits Highest in 90 days
After the recent all-time high hit of Bitcoin, the Google search interest rate of the leading crypto in the country has recently surged to its highest level in the past 90 days time frame.
This article analyzed Google Trends data from August 15 to November 15, 2024, focusing on Bitcoin’s search interest in the Philippines. Additionally, comparisons to search interest in the past 12 months have been included to provide broader context.
Table of Contents
BTC in the last 90 days
From mid-August to the end of October, the average search interest for Bitcoin remained relatively low at around 30. However, as November began, the average interest climbed significantly, reaching 56 by mid-month.
On November 12, it surged dramatically to a peak of 100 coinciding with its significant increase in price, which reached an all-time high.
Over that period, Bitcoin was most searched in the regions of MIMAROPA, Central Visayas, Caraga, Eastern Visayas, and Autonomous Region in Muslim Mindanao.
The analysis also compared search interest for “Bitcoin” and “crypto.” While “crypto” generally had higher interest at a rate of 37 compared to Bitcoin’s 33, data showed that during market rallies, Bitcoin searches surged, surpassing general interest in “crypto.”
As for “crypto”, it is most searched in the regions of Ilocos Region, Bicol, Eastern Visayas, Cagayan Valley, and Central Luzon.
While Bitcoin tends to see higher search interest in less urbanized areas like MIMAROPA and Eastern Visayas, broader cryptocurrency terms, such as ‘crypto,’ are more popular in urban regions like Metro Manila and Davao, reflecting the increasing interest in decentralized finance and digital currencies across different demographics.
Interest in crypto and BTC in the past 12 months
As the year approaches its end, data from the past 12 months shows that while “crypto” typically garnered more search interest in the Philippines, “Bitcoin” overtook it during market rallies and notable events, like the halving.
Over the past year, the search interest for “Bitcoin” averaged 52, slightly lower than “crypto,” which stood at 55.
For the past 12 months, “Bitcoin” saw the highest search interest in the regions of MIMAROPA, ARMM, Central Visayas, Caraga, and Eastern Visayas, while “crypto” was most searched in Metro Manila, Davao Region, Central Luzon, Zamboanga Peninsula, and Bicol. Bitcoin searches dominate in less urbanized regions like MIMAROPA and Eastern Visayas, while “crypto” trends higher in urban centers like Metro Manila and Davao, reflecting regional differences in focus between Bitcoin’s reputation and broader cryptocurrency interest.
2024 Google Search Interest articles:
- February
- March
- April
- October
Overall
Over the past year, Bitcoin has shown strong appeal in the Philippines, especially during market rallies and significant events. While “crypto” generally garnered slightly higher average interest, Bitcoin’s resilience and status as the leading cryptocurrency were evident.
As Bitcoin continues to capture attention during market fluctuations, its search interest remains a key indicator of cryptocurrency’s growing relevance in the country, while “crypto” remains a popular term for those exploring the broader digital currency space.
This article is published on BitPinas: Bitcoin Google Search Interest Hits Highest in 90 days
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