Weak Economies Show High Interest In Bitcoin: Research

Mon, 10/01/2018 - 11:53

Interest to Bitcoin keeps holding despite the deep red market. Its become clear from the infographic that shows interest to Bitcoin in the search queries

Weak Economies Show High Interest In Bitcoin: Research

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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.

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.

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About the author

Yuri Molchan

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets.

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.