- Google Search no longer displays real-time Bitcoin price charts, sparking speculation in the crypto community
- Some view this as a sign that financial institutions feel threatened by Bitcoin’s growth and potential
- Bitcoin search volumes have hit yearly lows, historically signaling a potential price surge
It seems that Google Search has stopped showing Bitcoin and other cryptocurrency price charts. However, you can still access these charts through Google Finance.
Bitcoin Price Charts Have Disappeared
Over the weekend, users on X noticed that when they searched for Bitcoin’s price, no chart appeared in the search results. On the other hand, when searching for stock prices, Google still provided the charts.
This decision from Google has sparked curiosity and speculation about the reasons behind this change.
Some members of the crypto community see it as a positive sign for Bitcoin, arguing that it proves financial institutions feel threatened by the growth or potential of cryptocurrencies. What do you think about that?
Previously, Google provided charts that displayed exchange rates for major cryptocurrencies, allowing users to check prices at any time. This feature always made it possible for users to view Bitcoin’s price chart in real-time without having to navigate to another site or financial platform.
Bitcoin Search Volumes Hit Yearly Lows
In the week of October 12, 2024, search volumes for the word “Bitcoin” on Google hit yearly lows. By the end of the week, global interest had dropped to just 33 out of 100.
Ryan Lee, the lead analyst at Bitget Research, noted that the last time interest in the word “Bitcoin” fell this low was between the end of January and the beginning of February 2024.
Afterward, BTC’s price jumped from $41,000 to nearly $71,500, reaching a record level in six weeks. Lee also pointed out that the “market stagnation” from May to September 2023 offered a key opportunity to build positions ahead of a major market surge.
Conclusion
So, buying during periods when BTC search volumes hit a low—when interest is scarce—remains a rational and safer strategy. I think this could be a turning point, what about you?
