Google cryptocurrency searches hit five-year high

PANews reported on January 20 that according to CoinDesk, as US President-elect Trump is about to deliver his inaugural speech, Google search data shows that the global search volume for the keyword "how to buy cryptocurrency" has soared to a five-year peak (100 points). This data reflects the great interest of retail investors in the crypto market.

Analysts pointed out that the meme coins $TRUMP and $MELANIA launched by Trump quickly attracted billions of dollars in market value and pushed crypto assets from the margins into the mainstream, overturning the traditional "Overton Window" (social acceptance range theory). There are rumors that Trump may announce the Bitcoin strategic reserve plan in his inaugural speech and list cryptocurrency as a national priority, which has aroused strong market attention.

Former Coinbase CTO Balaji said Trump’s move could usher in a wave of tokenized equity financing, while anonymous analyst Trevor.btc believes Trump’s actions lay the foundation for potential deregulation of the U.S. crypto market.

Note: The Overton Window is a political theory that describes the range of policies and opinions that the public can accept at a given time. It believes that the political feasibility of a policy depends mainly on whether it is within this acceptable range, rather than the personal preferences of politicians.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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