Bitcoin (BTC) searches in Baidu have reached a new high after the price surge that surprised the market at the beginning of August. Google searches in Google are also growing, showing that the interest in the virtual currency is global rather than local.

Bitcoin Searches Surge in Google and Baidu

Baidu is known as the “Chinese Google” and is the main search engine in China. Although Bitcoin could still fall in the near future, the sentiment for Bitcoin has drastically changed in the past weeks.

According to the Twitter user cnLedger, the recent price surge helped Bitcoin become one of the hottest emerging keywords in Baidu.

Due to the recent price surge, #bitcoin tops today's Baidu hottest emerging keywords. (Baidu is like China's Google) pic.twitter.com/AWtVw9aOzw

— cnLedger (@cnLedger) April 4, 2019

At the same time, Bitcoin searches on Google have also peaked during the last few days. According to Google Trends, the interest for Bitcoin grew from 17 points to 100 points between March 31st and April 2nd. Specifically, on April 2, it is possible to see that as soon as Bitcoin increased in price, the interest for the asset skyrocketed.

Although we are not able to see which is the real number of searches in Google or Baidu, it is possible to see clear trends that show the interest for any specific digital asset.

The topic “Altcoins” has also been increasing over time. In the last 30 days, Google Trends shows that the interest moved from 30 to 100. In the last months, different altcoins increased in price. Some of them have reached growth rates close to 300%, or even more, such as Enjin (ENJ), for example.

The first days of April, Bitcoin moved from $4,100 up to $5,100 in just a few minutes. Although there is no specific reason for this sudden price increase, the market was expecting Bitcoin to start moving once again after several months under $5,000.

Bitcoin has been in a bear trend since January 2018. Although it seems that the bear market is over, there are still some bearish analysts that suggested that Bitcoin could fall once again before starting to move up once again.

At the time of writing this article, Bitcoin is being traded around $5,010 and it has a market capitalization of $88.33 billion. We now need to wait whether Bitcoin will keep growing or experience a rather small correction in the near future.

Special thanks to SaaSicorn for helping with this article.