Online crypto curiosity has retraced from its 2021 all-time high to late 2020 levels amid dwindling Bitcoin sentiment. According to Google Trends data, “crypto” searches currently score 17, a significant downfall from its reference point 100, recorded in May 2021.
It is worth noting that the two largest virtual currencies, Bitcoin and Ethereum, followed a similar trajectory while market sentiments remained neutral over the past month.
Low Market Sentiments Pushes Down Interest In Crypto
During the bull market, individual interest in digital assets skyrocketed to a peak in May 2021. But this has since changed hands due to bearish events that made some people and investors lose interest and confidence in the blockchain industry.
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There has been a consistent decline in search interest on crypto-related terms since May 2022, after the collapse of the Terra ecosystem. However, there wa
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