Main navigation

Google Searches for Crypto Plunge in US. Here's What They Were Swapped Out for

Advertisement
Wed, 30/06/2021 - 6:07
Google Searches for Crypto Plunge in US. Here's What They Were Swapped Out for
Cover image via stock.adobe.com
Read U.TODAY on
Google News

Americans are losing interest in crypto at a rapid pace.

Advertisement

According to data provided by Arbor Data Science, search activity associated with the term “crypto” continues to plunge in the U.S.   

Meanwhile, alternatives like “call option” and “bull spread” are rising in popularity, meaning that investor risk appetite is still high.

Article image
Image by @leadlagreport

Related

Advertisement

Based on the aforementioned data, the cryptocurrency mania peaked on May 9 before a cryptocurrency market saw a massive correction due to Tesla suspending Bitcoin payments and China’s clampdown on crypto mining.

The total crypto market cap is down roughly $1.2 trillion (or 45 percent) from the top.   

Apart from crypto, Americans have also soured on commodities. Lumber, for instance, has been taking a beating in recent weeks after a massive rally in May.  

Related articles

Advertisement
TopCryptoNewsinYourMailbox
TopCryptoNewsinYourMailbox
Advertisement
Advertisement

Recommended articles

Latest Press Releases

Our social media
There's a lot to see there, too

Popular articles

Advertisement
AD