{"id":63754,"date":"2023-10-27T01:20:29","date_gmt":"2023-10-27T01:20:29","guid":{"rendered":"http:\/\/egrowonline.com\/?p=63754"},"modified":"2023-10-27T01:20:29","modified_gmt":"2023-10-27T01:20:29","slug":"buy-bitcoin-search-queries-on-google-surge-826-in-the-uk","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=63754","title":{"rendered":"\u2018Buy Bitcoin\u2019 search queries on Google surge 826% in the UK"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div data-v-8081b7b6=\"\">\n<p>Google searches for \u201cbuy Bitcoin\u201d have surged worldwide amid a major crypto rally, with searches in the United Kingdom growing by more than 800% in the last week.<\/p>\n<p>According to research from Cryptogambling.tv, the search term \u201cbuy Bitcoin\u201d spiked a staggering 826% in the U.K. over the course of the seven days. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-10\/df91b131-53ab-4f8c-bde8-db4fcbad4ba6.png\" \/><figcaption style=\"text-align: center\"><em>Global search terms related to purchasing Bitcoin have surged worldwide. Source: Google Trends<\/em><\/figcaption><\/figure>\n<p>\u201cThe remarkable surge in &#8216;buy Bitcoin&#8217; searches in the UK, combined with the cryptocurrency&#8217;s resurgence, underscores the growing interest and potential impact of traditional financial institutions&#8217; involvement in the world of digital assets,\u201d said a spokesperson from Cryptogambling.tv. <\/p>\n<p>While users in the U.K. led the pack, there was also a noticeable increase in searches relating to purchasing Bitcoin from web users across the globe.<\/p>\n<p>According to data from Google Trends, searches from users in the United States for \u201cshould I buy Bitcoin now?\u201d increased by more than 250% while more niche searches including \u201ccan I buy Bitcoin on Fidelity?\u201d increased by over 3,100% in the last week.<\/p>\n<p>Zooming out further, the search term \u201cIs it a good time to buy Bitcoin?\u201d saw a 110% gain worldwide over the last week. In comparison \u201cBlackRock Bitcoin ETF\u201d grew 250%, demonstrating broader enthusiasm for information relating to <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/blackrock-spot-bitcoin-etf-nasdaq-clearing-firm\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/blackrock-spot-bitcoin-etf-nasdaq-clearing-firm\/amp\" rel=\"noopener\">BlackRock\u2019s spot Bitcoin exchange-traded fund<\/a> (ETF), which is currently pending approval. <\/p>\n<p>The sudden uptick in interest comes amid a drastic increase in the price of Bitcoin over the past fortnight, with <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-btc-price-breaks-34000-etf-excitement-grows\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/bitcoin-btc-price-breaks-34000-etf-excitement-grows\/amp\" rel=\"noopener\">Bitcoin briefly surpassing a value of $35,000<\/a> on Oct. 24, the first time since May 2022.<\/p>\n<p><strong><em>Related: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/bitcoin-btc-price-peter-brandt-trader-all-time-high-chopfest\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/bitcoin-btc-price-peter-brandt-trader-all-time-high-chopfest\/amp\" rel=\"noopener\"><strong><em>Peter Brandt says Bitcoin bottom is in, but prepare for a \u2018chopfest\u2019<\/em><\/strong><\/a><\/p>\n<p>The excitement appears closely linked to the approval of a spot Bitcoin ETF, which many <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/galaxy-digital-soaring-bitcoin-price-increase-after-etf-launch\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/galaxy-digital-soaring-bitcoin-price-increase-after-etf-launch\/amp\" rel=\"noopener\">pundits believe will unleash a fresh wave of buying<\/a> from institutions.<\/p>\n<p>Senior ETF analysts Eric Balchunas and James Seyffart have pinned the probability of an approval at 90% by Jan. 10 next year. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">I&#8217;ve gotten a lot of questions regarding my current view on Spot <a target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\" rel=\"noopener\">#Bitcoin<\/a> ETFs over the last couple weeks. This is the first section of the note I put out yesterday with <a target=\"_blank\" href=\"https:\/\/twitter.com\/EricBalchunas?ref_src=twsrc%5Etfw\" rel=\"noopener\">@EricBalchunas<\/a>.<\/p>\n<p>TLDR: Our view hasn&#8217;t changed much <a target=\"_blank\" href=\"https:\/\/t.co\/dRAm5IsdQf\" rel=\"noopener\">https:\/\/t.co\/dRAm5IsdQf<\/a> <a target=\"_blank\" href=\"https:\/\/t.co\/Htsi3n2XxV\" rel=\"noopener\">pic.twitter.com\/Htsi3n2XxV<\/a><\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a target=\"_blank\" href=\"https:\/\/twitter.com\/JSeyff\/status\/1712900403090559398?ref_src=twsrc%5Etfw\" rel=\"noopener\">October 13, 2023<\/a><\/p><\/blockquote>\n<p>At the time of publication, Bitcoin has gained more than 27% in the past two weeks according to price <a target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/aciYtngx\/?symbol=BITSTAMP%3ABTCUSD\" rel=\"noopener nofollow\">data<\/a> from TradingView. <\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2023-10\/f3370ba6-2199-4bcb-98a7-7c8bd1959438.png\" \/><\/figure>\n<p><em>Bitcoin has notched a powerful 27.9% gain in the past two weeks. Source: TradingView<\/em><\/p>\n<p><strong><em>Magazine: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/cuba-bitcoin-revolution-adoption-embargo\/\" rel=\"noopener\"><strong><em>The truth behind Cuba\u2019s Bitcoin revolution \u2014 An on-the-ground report<\/em><\/strong><\/a><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/buy-bitcoin-google-search-queries-surge-united-kingdom\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Google searches for \u201cbuy Bitcoin\u201d have surged worldwide amid a major crypto rally, with searches in the United Kingdom growing by more than 800% in the last week. According to research from Cryptogambling.tv, the search term \u201cbuy Bitcoin\u201d spiked a staggering 826% in the U.K. over the course of the seven days. Global search terms [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":63755,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[50,453,1098,8206,1097,371],"class_list":["post-63754","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-buy","tag-google","tag-queries","tag-search","tag-surge"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/10\/6d37b0b8-babb-4b3e-ac7f-2e4b060d674e.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/63754","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63754"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/63754\/revisions"}],"predecessor-version":[{"id":63756,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/63754\/revisions\/63756"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/63755"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63754"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}