Retail interest in crypto declines as investors search for the next big price mover

Cointelegraph

Published Apr 20, 2022 04:25PM ET

Updated Apr 20, 2022 06:00PM ET

One of the main narratives of hope for cryptocurrency investors is that there will be a major shift in public perception that sparks a new wave of capital from retail and institutional traders.

Unfortunately for these hopeful bulls, data indicates that the opposite has occurred for nearly a year, a fact evidenced by the declining rate of searches for the term Bitcoin (BTC) on Google (NASDAQ:GOOGL).

Google search volume for Bitcoin. Source: Google Trends
Google search volume for Ethereum. Source: Google Trends
BTC/USDT vs. ETH/USDT 1-day chart. Source: TradingView
Total exchange traded volume in USD. Source: Blockchain
Monthly DEX volume by project. Source: Dune Analytics
Daily volume on OpenSea. Source: Dune Analytcis

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