-->The bitcoin price is breaking records, but there is still less hype than in 2021. This is evident from data from Google.

In the graph below you can see the graphs showing the interest on Google in the search terms bitcoin and crypto in the Netherlands. Despite the recent gains and high price points, we are not yet at the point of madness in 2021. At that time, the price was touching a price around $69,000 on the major crypto exchanges. The record price is now higher ($73,970). Searches via Google are a good indication of people’s interest in certain matters.

Bitcoin has been popular as a search term in the Netherlands over the past 12 months, but there are 4 countries that are doing ‘better’.

  1. The Savior
  2. Nigeria
  3. Switzerland
  4. Brazil

Google Trends determines the ranking of countries by looking at how often a specific topic is searched against the total number of searches in that country during a certain period. This system makes it possible to compare interest in topics between different countries or regions, also taking into account population size and internet use.

In each region or country, the share of a particular search query is shown as a percentage of the total number of searches there. This information is then used to create a ranking, which sorts countries based on their relative interest in the topic. This means that a smaller country (such as the Netherlands or El Salvador) with an intense interest in a particular topic may rank higher than a larger country with less interest, because the ranking depends on the ratio of searches, not the total number.

Bitcoin price

The current price of Bitcoin stands at $70,880. This price equates to 1,411 sats (satoshis) per US dollar, with a satoshi representing the smallest unit of Bitcoin, comparable to the cent in traditional currencies. Bitcoin’s total market capitalization currently stands at $1.39 trillion.

Bitcoin’s all-time high (ATH), or the highest price ever reached, was $73,790 on March 14, 2024. Since then, the price has fallen 3.90%, making it 11 days since this peak was reached.

When Bitcoin is priced in gold, its value currently stands at 34.9 ounces. This helps investors and interested parties compare the value of Bitcoin with that of traditionally valuable assets such as gold. In terms of market capitalization, Bitcoin represents 10.09% of gold’s market capitalization.

Source: https://bitcoinmagazine.nl/nieuws/nederland-staat-in-top-5-qua-interesse-bitcoin



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