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Weak Economies Show High Interest In Bitcoin: Research

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Mon, 1/10/2018 - 11:53
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Weak Economies Show High Interest In Bitcoin: Research
Cover image via U.Today
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According to the recent DataLight study, interest to Bitcoin keeps holding despite the deep red market. This is clear from the infographic that shows interest to BTC in search queries. Numerous crypto investors and crypto enthusiasts are now buying Bitcoin, considering its current lows to be a convenient moment for getting some extra BTC.

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Besides, apart from the US being the obvious leader here, three other countries are standing out, also becoming increasingly interested in Bitcoin. These are the ones with unstable economies: India (2 place), Turkey and Brazil. In India, due to the current RBI ban on crypto exchanges, interest to the virtual currency is growing particularly high.

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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