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Search Giants Baidu and Google Post Increased Searches in Purchasing Bitcoin

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  • Google and Baidu post increased search results for Bitcoin
  • Google search data maxed out during the 13 March price tank

Google and Baidu, the world’s biggest search engines have posted search data that shows that Bitcoin buying related searches are increasing across the world. Due to increased quarantine efforts and lockdowns across the globe, more and more people are looking to own and trade in Bitcoin and earn possible passive income.

According to a Chinese report, search giant Baidu has experienced increased searches when it comes to buying Bitcoin. The search website experienced more than 183% traffic in search keyword “Bitcoin” and also more traffic when it came to Bitcoin trading, buying and other crypto-related searches.

Google search results, on the other hand, show that the interest in the cryptocurrency peaked on 13 March when the cryptocurrency dropped by almost 50% in just one day from USD 8,200 to USD 3,700. The day saw the highest increase in Google searches relating to the cryptocurrency in over 30 days.

While the increase in searches relating to cryptocurrency and Bitcoin may not immediately translate into actual increasing tendency for people to buy them, it does show that more and more people are interested in it and are considering cryptocurrency for various purposes.

 

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