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Google Birth; The most popular digital currency market price forecast index was 23 years old


On this day 23 years ago, the Google search engine was launched by two Stanford University students. Since the advent of Bitcoin, Google has been the most popular tool for learning about digital currencies and predicting market trends.

to the Report Google Telegraph, Google, the top tool and indicator for measuring the popularity of Bitcoin and other digital currencies, celebrated its 23rd anniversary on Monday.

The Google search engine, founded by Stanford University students Larry Page and Sergey Brin, has been recognized as one of the main tools for Internet access for the past 23 years.

Since the advent of digital currencies, Google has been the first way to search for new tokens, study market trends, and learn how to buy digital currencies.

Because Google search statistics are a great way to track user behavior, Google Trends has become a reliable source for instantly understanding how much users are interested. Traders use this tool, which measures the popularity of searches at specific time periods, to identify emerging patterns.

The introduction of digital currencies (ICOs), decentralized finance (DeFi) and non-pecuniary tokens (NFTs) all first jumped in Google Trends before gaining a foothold in the digital currency ecosystem.

Google Birth;  The most popular digital currency market price forecast index was 23 years old
Graph comparing bitcoin price movements with the volume of Google searches

A quick search on Bitcoin shows that the level of interest of Internet users almost overlaps with the fluctuation of the price of this digital currency. A similar overlap can be seen in Dogecoin’s price and internet search charts.

Leaving aside neutral statistics, we can say that Google’s stance on digital currencies follows the sentiments of the majority. In March 2018, when the digital currency pre-sale market was disastrous, Google updated its financial services policies to ban digital currency advertising.

Since then, Google’s stance on digital currencies has softened. The tech giant recently announced that digital currency-related advertising will resume for companies operating under the auspices of legal entities. While Google has not yet authorized decentralized advertising or digital currency support for celebrities, advertisers registered with the Financial Crimes Network (FinCEN) can advertise their digital currency exchange and wallet services. کردن.

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