Google 'Buy BTC' search volume skyrockets... centered around Nigeria
CryptoNewsTerminal Staff05 Jul, 2024
Google 'Buy BTC' search volume skyrockets... centered around Nigeria
Amidst an overall correction in the cryptocurrency market, Google search volume for 'Buy Bitcoin' has surged, according to a report by CryptoPotato. The country with the highest search volume was Nigeria, followed by Cameroon, Ghana, Kenya, and Singapore. Commenting on this, media outlets stated, 'Nigerian investors appear to be interested in BTC at current prices, viewing it as a buying opportunity.' Despite indicators such as the Relative Strength Index (RSI) suggesting overbought conditions, this could potentially signal a potential for a rally.