According to data collected by Brad Michelson, a senior marketing manager at major trading and investment platform eToro, monthly global volume for Bitcoin searches are up 350% from late December 2017, when it surged to all-time highs.
Michelson specifically noted that Bitcoin-related global monthly search volumes in November 2020 accounted for 8.9 million. By comparison, BTC search volumes recorded back in December 2017 amounted to 2.5 million.
Michelson also pointed out a huge discrepancy between SEMrush’s data and Google Trends. According to the latter, Bitcoin’s to-date search volumes are far below the all-time highs recorded in December 2017.
Google Trends claims the Bitcoin search index accounts for just 20 points in November 2020, standing against 100 points in December 2017.
However, SEMrush’s data shows that the number of BTC addresses registered per hour hit nearly 25,000 addresses for the first time since January 2018.
Founded in 2015, Coinchapter.com has become one of the leading resources for the crypto asset community. Created by a small group of cryptocurrency enthusiasts, Coinchapter.com was built to provide new members of the crypto asset community with unbiased listings of cryptocurrency exchanges and retail options that would allow them to buy the crypto assets that they wanted, how they wanted and at the price they wanted.