Why Did Google Searches for 'Buy Bitcoin' Surge 826% in the UK and 250% in the US? 🔍

Google searches for "buy #bitcoin " have surged globally as the price of BTC rallied.

In the UK, these #searches increased by a staggering 826% over the last week. The interest in Bitcoin and traditional financial institutions' involvement in digital assets is evident.

The US saw a 250% rise in searches for "should I buy Bitcoin now?" and a 3,100% increase in queries like "can I buy Bitcoin on Fidelity?" Worldwide, searches for "Is it a good time to buy Bitcoin?" rose by 110%, while "BlackRock Bitcoin #ETF " searches grew by 250%.

This surge in interest coincides with Bitcoin's significant price increase, briefly surpassing $35,000 on Oct. 24. It's tied to expectations of a spot Bitcoin ETF approval, with a 90% probability by Jan. 10. Bitcoin's price has gained over 27% in the past two weeks.

#Binance

#crypto2023