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Study shows “what is cryptocurrency” is the most googled question in the digital asset space

Study shows “what is cryptocurrency” is the most googled question in the digital asset space

As cryptocurrency is changing personal finance adoption, questions about it are running through the roof at Google, according to a study by Crypto Wallet, an end-to-end crypto banking and commercial solution.

according to the report:

“What is Cryptocurrency is by far the most asked question, with 121,000 average monthly searches, followed by “What is Crypto” with 31,000 average monthly searches, every year by people wondering about this “mysterious” asset. month for a total of 152,000 searches.”

Top 10 Most Googled Questions About Cryptocurrency

Post

keywords

amount

1

What is cryptocurrency?

121,000

2

What is crypto?

31,000

3

how to buy cryptocurrency

24,000

4

Why is crypto crashing

23,000

5

what is crypto mining

22,000

6

Why is crypto down

19,000

7

Why is crypto down today

16,000

8

how to do cryptocurrency

16,000

9

How cryptocurrency works

16,000

10

how to invest in cryptocurrency

14,000

Source: Crypto Wallet

With cryptocurrency being a decentralized digital asset, whose transactions are registered on an open ledger, the study said that people were curious to know about this cutting-edge technology.

A Crypto Wallet spokesperson commented:

“As the world enters a new era of personal finance and crypto is changing the way we look at money and spending, people want to be as informed as possible, either with the changing times, real time and effort. to invest in crypto, or simply out of curiosity about a relatively new and exciting phenomenon.”

“How to buy cryptocurrency” was the third most Googled question with 24,000 monthly searches, showing an urge for people to enter the crypto space. Based on the current downturn in the crypto market, “Why is Crypto Crashing” ranked fourth with 23,000 average monthly searches. The study noted:

“This question may be more timely and time-sensitive, as people may wonder what is happening in the crypto market at a given point in time, and the reasons for the crash of a certain cryptocurrency may vary.”

For example, the 28-year interest rate Growth From federal Reserve (Fed) has been one of the factors triggering the decline in the bitcoin market.

The study also acknowledged that other general curiosity was around crypto mining and the decline in cryptocurrencies.

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Study shows “what is cryptocurrency” is the most googled question in the digital asset space

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