- If we talk about the second-largest cryptocurrency, Ethereum, it is also following the similar trend.
- The decision of Google has made it difficult for those who are dependent on real-time cryptocurrency data.
- The departure of the price chart of Bitcoin from Google Search has led to mixed reactions in the industry.
Google search is no longer showing the price chart for Bitcoin as well as other cryptocurrencies. However, one can access it by the help of Google Finance.
Users took social media platform X to note that the price chart for Bitcoin is no longer available in the search result of Google. In comparison with stock price search, the chart is still available over Google.
A wave of discussion over the industry has so far started citing the reason for this change. It is still fascinating to know that the price chart for Dogecoin is still showing. Apart from that, the balance for Ethereum Name Service (ENS) is so far operational.
Before this, Google had added a feature which showed current rates of the significant cryptocurrencies, so that users don’t need to roam around any other platform. The real time price charts for cryptocurrencies were provided in the search results.
What does the Google Trends data say?
Specifically “Bitcoin” searched over the search engine in the week starting from October 13 has hit one-year low, as per the Google Trends data. Towards the closure of the week, the global interest for Bitcoin has tumbled down to 27% of the peak of search volume for this year marked between March 3 and March 9.
The search interest of Bitcoin is utmost in El Salvador, the first ever country to accept Bitcoin as a legal tender. After this, Nigeria holds the place, the major global users in terms of cryptocurrency.
If we talk about the second-largest cryptocurrency, Ethereum, it is also following the similar trend. The data from October 13-19 shows that a yearly low of 19% of the search volume has been witnessed which marked a high between March 3 and 9.
After Nigeria and El Salvador, Switzerland, Slovenia and Netherlands hold 3rd, 4th and 5th position in terms of the search interest.
Mixed Reaction in the industry
The departure of the price chart of Bitcoin from Google Search has led to mixed reactions in the industry. Some of the users referred to it as rubbish talk and said that the person who keeps interest in this can draw information from Google Finance or somewhere else.
Remaining others are on the point that this is a sensitive step that shows opposition to regular financial institutions towards increasing popularity of cryptocurrencies such as Bitcoin. The decision of Google has made it difficult for those who are dependent on real-time cryptocurrency data.
Before this decision, it was quite easy for the users to look over the current price of Bitcoin as well as other cryptocurrencies. After this, one more step will be involved for accessing the chart.
