As the flagship digital asset of the cryptocurrency market, Bitcoin (BTC) finally surpasses $19,000, its social influence is increasing as well, becoming the subject of nearly a quarter of all talks referring to crypto’s top 100 assets.
Indeed, Bitcoin’s popularity on social media platforms soared to its greatest level in two months during the weekend of September 24-25. This indicates that interest in the first digital currency has returned.
The last time this level was observed was in mid-July 2022, according to the data released by the site.
In other words, “among the top 100 cryptocurrencies, BTC is the subject of 26% of talks for the first time since mid-July,” as the site claimed.
Fear, uncertainty, and doubt (FUD) is a regularly used piece of crypto industry jargon that refers to market players’ pessimism on the immediate future of an asset.
Simultaneously, Finbold reported that Google search interest in selling Bitcoin has dropped to an annual low, while Ethereum (ETH) and XRP experienced slight rises over the same timeframe.
In the meanwhile, Bitcoin is presently trading at $19,082, up 0.01% and 1.79 % over the past seven days, with a daily growth of 0.01% and a weekly increase of 1.79%.
According to CoinMarketCap statistics, the market capitalization of the top cryptocurrency by this metric is presently $366.42 billion.
Also Read: Disney Is Seeking A Lawyer For Emerging Technologies Such As NFTs And Metaverse
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial or investment advice. Cryptocurrency investments are subject to market risks, and individuals should seek professional advice before making any investment decisions.
- Advertisement -
Comments are closed.