U.S. interest in buying Bitcoin spikes 76% in one month
2025-07-15 11:46:37
Main Idea
Interest in buying Bitcoin surged as searches for 'buy Bitcoin' increased by 76% in 30 days, coinciding with Bitcoin's price rally and regional search trends.
Key Points
1. Search interest for 'buy Bitcoin' rose by 76% in 30 days, peaking at 100 on July 14 according to Google Trends data.
2. The highest search volumes came from the District of Columbia, New Hampshire, Nevada, New Jersey, and Washington.
3. Bitcoin's price gained around 10% in the past month, briefly reaching new highs before a 4% drop in 24 hours.
4. A long-dormant Bitcoin whale transferred 18,643 BTC (worth ~$2 billion) to Galaxy Digital, potentially signaling market volatility.
5. Analysts noted overbought conditions with an RSI above 70, and profit-taking likely contributed to price fluctuations.
Description
Amid Bitcoin’s ( BTC ) ongoing rally to a new all-time high, interest in buying the cryptocurrency has surged across the United States, particularly over the past month. Specifically, search interest for the phrase “buy bitcoin” jumped by 76% in 30 days. On June 15, the search index stood at 49. It climbed to 90 by July 15, reaching a peak of 100 on July 14, according to Google Trends data retrieved by Finbold. One-month search interest in ‘buy Bitcoin’ in U.S. Source: Google Trends Regionally, ...
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