the number of Bitcoin and Ethereum searches on Google has dropped significantly recently from a maximum of 100% to 25% according to the Google Trends
web application. Interestingly, in the countries most interested in Bitcoin, the statistics have also changed. These were primarily African States, which showed the greatest interest, but now they are mostly economically developed countries
The situation with Ethereum cryptocurrency has a similar trend. While he managed to restore General interest in January, after the December fall, he fell from about 25% of requests.
However, the reasons for this situation are difficult to understand, because Google searches are not the main indicator. That is why they may not correspond to price movements.
When this changes, no one knows, but the number of transactions in the Bitcoin network fell to 150,000, at the same level as two years ago.
While the number of Ethereum transactions also declined, and stopped at around 7,000,000, just like in December.
Thus, the downward trend continued in the last two or three months. This is confirmed by other data, such as online comments showing lower activity.
According to approximate forecasts, Ethereum may close the month of February with the same price it started with – about $ 800. However, it is not yet clear what will be the future situation on the market.