Stock Market Quotes & Financial News

LATEST NEWS, PRICES OF CRYPTOCURRENCIES, MARKET ANALYSIS WITH EMPHASIS ON EXPERT OPINION AND COMMENTS FROM THE COMMUNITY OF INVESTORS AND DIGITAL CURRENCY.

Marked by a sharp increase request “BTC” in TrendsGoogle

In Google Trends recorded abnormally explosive growth in the number of search queries of bitcoin in the market a digital asset does not occur any significant events.

In a network there was a version that searches for “Bitcoin” and “BTC” is manipulated, while it is not entirely clear why this is necessary.

google trands - BTC

Based on the analysis of Google Trends recorded a sudden (and abnormally high) interest of users the word “BTC”, the spike on the chart for 5 years looks like a line going up.

Anomalous breakthrough was observed on 30 August, and since then the growth trend continues, the number of search queries bitcoin breaks all records for the last five years. It is unusual that the word Bitcoin users did not look for more.

In the network there is a perception that someone is deliberately manipulating search queries to increase interest in the market leader. The greatest number of requests from users comes from Bahamas. It should be noted that the explosive growth in the number of queries in a day is abnormal.

Probably, the trading volume of BTC is the best indicator of user interest than Google Trends. In most cases, Internet applications react with a delay to changes that occur in the market of digital assets.

Great article 0

Let’s block the ads! (Why?)

Posted in News   

Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © 2019 Stock Market Quotes & Financial News