Oct 27, 2023: Google searches for “buy Bitcoin” have surged worldwide amid a major crypto rally, with searches in the United Kingdom growing by more than 800% in the last week.
According to research from Cryptogambling.tv, the search term “buy Bitcoin” spiked a staggering 826% in the U.K. over the course of seven days.
“The remarkable surge in ‘buy Bitcoin’ searches in the UK, combined with the cryptocurrency’s resurgence, underscores the growing interest and potential impact of traditional financial institutions’ involvement in the world of digital assets,” said a spokesperson from Cryptogambling.tv.
While users in the U.K. led the pack, there was also a noticeable increase in searches relating to purchasing Bitcoin from web users across the globe.
According to data from Google Trends, searches from users in the United States for “should I buy Bitcoin now?” increased by more than 250%, while more niche searches, including “can I buy Bitcoin on Fidelity?” increased by over 3,100% in the last week.
Zooming out further, the search term “Is it a good time to buy Bitcoin?” saw a 110% gain worldwide over the last week. In comparison, searches for “BlackRock Bitcoin ETF” jumped 250%, demonstrating broader enthusiasm for information relating to BlackRock’s spot Bitcoin exchange-traded fund (ETF), which is currently pending approval.
Source Courtesy: Coin Telegraph