The price on Bitcoin is not the only thing that has gone up in recent weeks, as Google searches for Bitcoin have risen dramatically. There has been a surge in Bitcoin searches on Google, as there were the most Bitcoin searches since November of last year in the last week. Bitcoin has risen in price by about 20% in the last week or so with a major order placed last Tuesday being the main reason for the spike. It has been speculated that an order of a combined $100 million sent the Bitcoin market into frenzy and the Bitcoin price surged. Since that surge, Bitcoin searches have definitely gone up.
Bitcoin Searches
There have been many people searching for Bitcoin on Google recently and you might be surprised to learn where the bulk of those searches are coming from. The most searches have actually come from Nigeria and that actually should not be a surprise. Nigeria is a country with high inflation and a government that has problems, so people in Nigeria are looking for a safe currency. Many people in Nigeria are able to use Bitcoin to pay for goods and services. It should also be noted that there was a Blockchain Conference in Lagos in early April.
The second country with the most Google searches for Bitcoin in the last week was the Netherlands. There are a lot of people in the country interested in Bitcoin, including investors and developers. Brock Pierce bought a $1.2 million dollar mansion in Amsterdam and paid in Bitcoin. The Netherlands will also host a European Payments Summit in April and the TNW conference will take place in May.
Another country that is heavily interested in Bitcoin is South Africa and they had the third-most searches for Bitcoin recently on Google. You may not be aware that about 10% of the people in South Africa own some sort of cryptocurrency.
Another country where people are searching for Bitcoin on Google is Austria. They had the fourth-most searches in the last week. There is no question that a recent Blockchain Summit held in Vienna was a big reason Austria was doing a lot of Bitcoin searches. You might keep an eye on France when the Paris Blockchain conference takes place, as people in France will likely be doing a lot of Bitcoin searches.
The fifth-most searches for Bitcoin on Google actually came from Switzerland and we know that those searches are not because of the country’s currency, as the Swiss franc is very stable. It is probable that one of the biggest Bitcoin holders, Xapo being located in Switzerland definitely helps the cause and it should also be remembered that a major Swiss company recently decided to pay employees in Bitcoin. Also worth noting is that people can buy Bitcoin all over the country, with Bitcoin ATM’s at many locales.
Many investors got burned by Bitcoin in 2018, but those same investors still remember what happened with Bitcoin in 2017 when Bitcoin soared in price. People don’t want to miss out on the next Bitcoin surge and people are searching for Bitcoin news on a regular basis. When people start searching on something it can be a good indicator that the price on the investment is going to rise.
Keep in mind that Google was not the only search engine that saw Bitcoin searches go up last week. The top search engine in China is Baidu and Bitcoin was the top trending search last week on the site. China has changed some of their regulations regarding Bitcoin, but many people are still very interested in the cryptocurrency.
Many companies have already gotten ahead of the Bitcoin trends, including top online sportsbook BookMaker who accepts most of their deposits from their customers in Bitcoin. BookMaker has become known as a top Bitcoin Sportsbook because of their reliable Bitcoin deposit and withdrawal options.
Check out the latest Bitcoin options available today at BookMaker.eu and join the many people who are benefiting by using this cryptocurrency.
