Analysis of Google search data has revealed that worldwide searches for ‘buy bitcoin’ have increased 213% after prices dropped.
Research by Coin Insider revealed that online interest in buying Bitcoin more than doubled above the average on April 21st, 2022, after the price dipped by 3.32% in a 24-hour period.
Commenting on the findings, a spokesperson for Coin Insider said: “Cryptocurrency is ever-changing and somewhat volatile, and it is therefore vital for those who are concerned to keep a close eye on the market. This drop in price will be of interest to both those who have already invested in Bitcoin and those who are considering investing. These findings show that interest in Bitcoin remains high and it will be interesting to see if the number of people investing in it increases following the price dip.”