Despite its recent price rally, search interest for “Bitcoin” on Google is still generating only a fraction of the traffic that “AI” has over the last week.
Bitcoin is fast approaching a new all-time high and retail investors don’t seem to be showing much more interest than they typically do, say analysts.
“Bitcoin is on the verge of breaking all-time highs, and retail interest is still almost non-existent,” crypto analyst Miles Deutscher said in an Oct. 29 post to X.
Bitcoin came within spitting distance of notching a new all-time high on Oct. 29, briefly touching $73,562 but has since cooled off to a price of $72,300 at the time of publication, per CoinGecko data.