Google Searches for Bitcoin Surge Amid BTC’s Record-Breaking Price Milestone

Google searches for Bitcoin have surged significantly as the cryptocurrency’s price hit yet another record high above $80,000 today.

This surge in interest reflects growing global attention as Bitcoin continues to gain traction among retail and institutional investors alike.

Trump’s Win Boosts Bitcoin Interest

While this proposed Bitcoin reserve would require legislation, likely pushing its realization to 2025, the community sees a clear path for BTC to become a treasury asset embraced by corporations, governments, and major institutions.

As such, experts point to the spike in search queries and inflows as signs of a fresh wave of retail investor interest and an influx of new participants in the market.

‘State of Euphoria’

Perpetual funding rates are notably high, and basis yields have reached a peak last seen seven months ago, indicating strong bullish sentiment. However, QCP remains cautiously optimistic, noting the risk of short-term pullbacks, especially from potential leveraged washouts. Historically, these sharp increases in basis yields have been short-lived.