Ethereum’s(ETH) recent impressive performance has led to a spike in Google searchesGoogle Trends data has revealed that the number of searches for ‘Ethereum’ is currently at its
Ethereum’s previous peak in search popularity was on Jan. 13, 2018 — the date of ETH’s all-time high of $1,432.88. However, in January, its popularity increased by 5x.
The upsurge all over the world is even more remarkable. Ethereum spike in the United States has exceeded the 2018 record by 17%. But worldwide, the metrics are now higher than in 2018 by 33%. Regardless, the price of Ethereum is still 18% below the historic all-time high.
In contrast, Bitcoin has become far less popular on Google. Meanwhile, when Bitcoin recorded an all-time high of $19,900, Ethereum was three times lower. Although Bitcoin hit a new all-time high of $42,000, but has now dropped below $40,000. According to crypto traders, the fluctuating trajectory of interest in the asset may be a good enough measure of their individual performances.
Generally, it is not yet possible to make a healthy comparison at this stage. No one knows if the increase is the cause or effect of the bullish run.