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Search queries for the keywords "bitcoin" and "ether" are growing rapidly on social networks and search engines. So, from January 6 to January 12, 247,000 mentions of bitcoin were recorded on the social network X, and over the next week this figure increased to 495,000. The number of search queries mentioning ether increased from 73,600 to 293,000 over the same period.
Analysts noted that this could be a "leading indicator of an increase in retail inflows," which was typical of past bullish cycles.
"The increase in social activity reflects the growing activity of the retail audience, as many casual users and influencers participate in cryptocurrency discussions," the experts explained.According to Google (NASDAQ:GOOGL) Trend, on January 20, against the backdrop of the inauguration of President Donald Trump, search query ratings with the words "bitcoin" and "cryptocurrency" jumped to 100 and 92, respectively. 5 replies
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