Google, the leading indicator used to track Bitcoin’s popularity (Bitcoin) And other cryptocurrencies, celebrating their 23rd anniversary on September 27, 2021.
The search engine was founded by Larry Page and Sergey Brin, who were both Stanford University students at the time, and the search engine has been one of the main entry points to the Internet for most of its 23 years.
With the advent of cryptocurrency, Google has been widely used as the main method Looking for new coins, Tracking market trends, and Learn how to buy cryptocurrency.
Because Internet search statistics are an excellent way to track user behavior, Google Trends has become a reliable source for understanding user interests in near real-time. Traders use this tool to analyze the popularity of search queries during a specific period to identify emerging patterns.
Initial token issuance or ICO, decentralized finance or DeFi, and irreplaceable tokens or NFTs, all Experienced the surge in Google Trends Before entering the main stage of the crypto ecosystem.
A sort of fast Search For Bitcoin, the interest of Internet users almost overlaps with the price fluctuations of the largest cryptocurrency.A sort of You can see a similar overlap In Dogecoin (dog) Chart.
related: Google and NFT leader Dapper Labs collaborate to support Flow blockchain
Regardless of neutral statistics, Google’s stance on cryptocurrencies mimics mainstream views. In March 2018, after the infamous ICO boom, Google bans advertising related to cryptocurrencies By updating its financial services policy on its platform.
Since then, the search giant has softened its attitude on this issue and announced Encrypted advertisements of regulated entities can be used againAlthough the company still does not allow encryption-related DeFi advertisements or celebrity endorsements, advertisers registered with the Financial Crime Law Enforcement Network can promote their crypto exchange and wallet services.
