Google searches for “buy Bitcoin” have surged across the globe following a major rally in the price of the cryptocurrency.
Highlights
- Google searches for “buy Bitcoin” have surged worldwide amid a major crypto rally.
- Google searches in the United Kingdom grew by more than 800% in the last week.
- The sudden uptick in interest comes amid a drastic increase in the price of Bitcoin over the past fortnight.
- Bitcoin briefly surpassed a value of $35,000 on Oct.
- 24 — the first time since May 2022.
- The excitement appears closely linked to the approval of a spot Bitcoin ETF, which many pundits believe will unleash a fresh wave of buying from institutions.
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Bitcoin is now worth over $34,500 – but will it hold?