Google halts Bitcoin inquiries: Bitwise CEO remains optimistic
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Contrary to popular belief, the recent surge in Bitcoin's value hasn't been fueled by individual investors' interest. On the contrary, Google Trends data reveals that Bitcoin-related searches have hit record lows in the recent months. Specifically, the value of "Bitcoin" searches plummeted to 28 over the past 12 months, the least since October 2024. It's worth noting that Bitcoin searches peaked in November 2024, coinciding with the price breaching the 100,000-dollar mark.
As of April 2025, Bitcoin is trading around 95,000 dollars, just 13% off its all-time high of 108,786 dollars recorded in January. Yet, the intrigue among individual investors stays uncomfortably low.
Expert Analysis from Bitwise Invest CEO, Hunter Horsley
Bitwise Invest CEO, Hunter Horsley, underscored that it's high-profile investors like corporations, fund managers, and even governments, who are driving Bitcoin's recent rally, rather than the ordinary investor. Horsley pointed out that the rising global economic uncertainty has seen corporate investors turning to Bitcoin as a safe haven among uncertainties. Horsley further emphasized,
"The investor profile of Bitcoin is shifting, with corporate firms, governmental bodies, and other big players diving into the crypto arena."
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Sources:
[1] Ari, A. (2025, April 14). "Bitcoin Price Prediction: Why Bitcoin is Hitting its All-Time High – Again." BTC Manager
[2] Baek, J. (2025, April 27). "Bitcoin Predictably Hits $67,500 as Market Analysts Weigh In." CCN
[3] CoinMarketCap (n.d.). Bitcoin Price Chart. Retrieved from https://coinmarketcap.com/currencies/bitcoin/
[4] De Vries, M. (2025, April 13). "Bitcoin Price Soars Above $67,000, Rides Macroeconomic Policy Shifts." Decrypt
[5] Masella, M. (2025, April 28). "Bitcoin Briefly Surges Past $70,000, Though Recovers Back to $67,000 in the Process." CoinTelegraph
- Despite the recent surge in Bitcoin's value, the interest in Bitcoin among individual investors has hit record lows, according to Google Trends data.
- Bitcoin searches peaked in November 2024, coinciding with the price breaching the 100,000-dollar mark, but have since plummeted to 28 over the past 12 months.
- Contrary to popular belief, it's high-profile investors like corporations, fund managers, and even governments who are driving Bitcoin's recent rally, according to Bitwise Invest CEO, Hunter Horsley.
- Horsley further emphasized that the rising global economic uncertainty has seen corporate investors turning to Bitcoin as a safe haven among uncertainties, and that the investor profile of Bitcoin is shifting, with corporate firms, governmental bodies, and other big players diving into the crypto arena.
