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Bitcoin mentions on Twitter reach a new high

Bitcoin mentions on Twitter reach a new high

From February 7 to 14, Twitter users mentioned Bitcoin more than 675,000 times in their posts. According to Block Research, the figure is 17% higher than the previous high.

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Weekly number of tweets mentioning Bitcoin and Ethereum. Data: Block Research.

The previous record was set on January 10, when the weekly number of posts mentioning Bitcoin reached 576,000.

The audience of cryptocurrency exchanges on Twitter grew by almost 175,000 new followers.

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Weekly number of new followers of crypto exchanges on Twitter. Data: Block Research.

According to Google Trends data, the popularity of the search term “bitcoin” in February nearly reached January’s highs.

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Bitcoin search interest over time on Google. Data: Google Trends.

The greatest interest in the digital gold is shown in Nigeria, Austria, Switzerland, South Africa, and Slovenia.

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Popularity of the query “bitcoin” by region. Data: Google Trends.

On February 21, the price of the first cryptocurrency reached $58,000. At the time of writing, Bitcoin is trading around $56,300. The asset’s market capitalization stands at $1.047 trillion, according to CoinGecko.

Analysts at BDCenter Digital found that 70% of cryptocurrency mentions on Twitter come from on 30 accounts.

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