Bitcoin pop culture moment fades as fad gives way to regulators

TheStar Fri, Mar 16, 2018 09:31am - 6 years View Original


Online searches for “bitcoin” fell 82% from December highs, according to Google Trends.  Tweets that mention the coin peaked Dec. 7, at 155,600, and are now down to about 63,000, BitInfoCharts says. And the number of bitcoin transactions is off 60% from its record on Dec 13, according to Blockchain.info.

Online searches for “bitcoin” fell 82% from December highs, according to Google Trends. Tweets that mention the coin peaked Dec. 7, at 155,600, and are now down to about 63,000, BitInfoCharts says. And the number of bitcoin transactions is off 60% from its record on Dec 13, according to Blockchain.info.

PORTLAND: Suddenly, Bitcoin seems a bit boring.

It might be hard to believe. But after the 1,400% rally of 2017, with wild swings along the way, the great crypto craze has cooled, at least for now.

For the past month, Bitcoin’s price has stalled between US$8,500 and US$11,300 – a minuscule range by its standards. And internet searches for “Bitcoin” have plunged, suggesting public interest has, too.

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