Bitcoin ranked second on Google Trends' 2017 global hot topic list

Rage Review : Bitcoin and other cryptocurrencies have received unprecedented attention in 2017. As the year comes to an end, this new thing still often occupies the headlines of the news every day. According to the list of global hot topics in 2017 released by Google Trends, the search volume of Bitcoin ranks second. This is mainly due to the surge in Bitcoin prices in the second half of this year, especially in the last two months, which has aroused widespread interest. It is certain that 2017 is of great significance to cryptocurrencies, and its future development is also exciting.

Translation: Ina

2017 can be called the "Year of Bitcoin and Cryptocurrency". As the value of Bitcoin soared, people began to take notice of this new thing. Its price records were broken frequently and Bitcoin made headlines again and again. So how popular was virtual currency in 2017? A strong proof is that in the recent list of popular topics in 2017 released by Google Trends, Bitcoin Google searches ranked second.

Nowadays, it seems that you can hear people and media talking about Bitcoin everywhere. In the economic field, although many financial institutions are interested in the possibilities and applications of blockchain technology, their attitude towards cryptocurrencies is still very negative. However, this year, more and more banks, investment companies and Wall Street companies have begun to become an active part of the cryptocurrency world.

The main reason for people's interest in Bitcoin seems to be its rising price. From the Google Trends search for cryptocurrencies, we can see that the search volume was relatively stable before, and then began to climb from August, when the real rise in Bitcoin prices began. The search volume began to explode in late November, when the price of Bitcoin rose from $8,000 to $10,000 and continued to rise.

Bitcoin ranked second on Google's global trends, beating out popular topics such as the solar eclipse, North Korea and the Las Vegas shooting. The top spot on the list was Hurricane Irma, which caused huge damage.

As the year draws to a close, Bitcoin is still in the news every day. The latest buzz is that the cryptocurrency is in trouble, as its price has plummeted recently. But Bitcoin has always recovered after a big drop in price, so this statement is of little significance. Other related news include users forgetting their keys, exchanges being hacked, and governments or companies being blackmailed by Bitcoin. It is very exciting to see what Bitcoin will experience in the coming year.