Analysis of Google Trends data reveals that worldwide searches for ‘buy crypto’ exploded by 102% on 12th May, after the cryptocurrency market crashed to its lowest point since 2020.
A new finding by Safe Trade Binary Options revealed that online interest for ‘buy crypto’ exploded by more than twice the average search volume over the past 24 hours.
Google Searches For 'Buy Crypto' Rise
A spokesperson for Safe Trade Binary Options commented:
“Cryptocurrency is becoming more and more popular as an option for investors, but it is also still an unknown world for many. The recent crash in the market may have prompted people who were on the fence to ‘buy the dip’ and invest in crypto for the first time, while prices are at their lowest in two years.”