Weekly search volume on Google for the topic „cryptocurrency” has reached its highest level yet both in the U.S. and worldwide, according to data from GoogleTrends. The search volume peaked during the week of May 9 – 15, when the price of bitcoin was mostly still above $50,000.
A topic on GoogleTrends includes related search terms, meaning this volume is more indicative of a wider interest in the crypto space than just the specific word. In fact, search volume for the word „cryptocurrency” is actually lower than it was in 2017.
Possible explanations for the increased interest in the cryptocurrency ecosystem could involve Ethereum’s bull run, as it shot up drastically to hit an all-time high price above $4,000 during that week. Data compiled by The Block shows Google keyword searches for “Ethereum” also reached record highs around the same time.
The period between May 9 and May 15 is also when Ethereum miners earned higher revenue than bitcoin miners. On May 15, Ethereum mi
