Google search interest for “Bitcoin” surged over the past week as BTC briefly revisited the $60,000 level for the first time since October 2024.
Search interest hits a 12-month high
Google Trends data shows worldwide searches for “Bitcoin” reached a score of 100 for the week starting Feb. 1.
That marked the highest level over the past 12 months.
The prior peak was a score of 95 during the week of Nov. 16–23.
That earlier spike coincided with bitcoin slipping below the psychological $100,000 level for the first time in nearly six months.
Price whipsaw draws attention
Bitcoin fell from about $81,500 on Feb. 1 to roughly $60,000 within five days.
It later rebounded to around $70,740 at the time of publication.
Analysts often track search activity as a proxy for retail attention, which tends to rise during sharp rallies or sudden sell-offs.
Bitwise’s head of Europe, André Dragosch, argued the latest jump suggests retail interest is returning.
Dragosch wrote on X:
“Retail is coming back.”
Other sentiment gauges remain weak
CryptoQuant head of research Julio Moreno said US investors were buying after bitcoin reached $60,000.
He pointed to the Coinbase premium turning positive for the first time since mid-January.
Meanwhile, the Alternative.me Crypto Fear & Greed Index fell further on Saturday to an “Extreme Fear” reading of 6.
The level was close to lows not seen since June 2022.
