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Google search trends for BTC plummet, indicating a lack of retail investor interest and speculative appetite
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Google search trends for BTC have significantly declined, with search rankings falling below 25, indicating a clear lack of interest, market excitement, or speculative desire among retail investors. Over the past month, Bitcoin's price has mostly hovered between $102,000 and $110,000. Analysts believe this lackluster interest aligns with historically low volatility, as the Bitcoin Volatility Index (DVOL) currently hovers above 40, one of the lowest values in over two years, second only to the mid-2023 trough. (CoinDesk)
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