- Bitcoin’s price and chart have been moved to Google Finance, raising concerns within the crypto community about potential suppression.
- Despite the controversy, Bitcoin’s market performance remains strong, with prices climbing amid bullish sentiment.
In continuation of a recent CNF report, global search interest in Bitcoin has dropped significantly from 57 to 32 out of 100 since January 2024. Google’s recent decision to remove Bitcoin’s [BTC] price and chart from its main search results has sparked reactions within the crypto community.
The good thing is that the price chart had not been completely removed but relocated to Google’s Finance section. Despite this subtle shift, many in the community continue to question Google’s intent behind this change.
Bitcoin’s Market Performance Strengthens
As expressed in a tweet by a user on X, this act can be viewed as an intentional effort to suppress cryptocurrency information.
Google just removed the bitcoin price chart from its search.
If you type in any stock it will show you the chart.
They’re purposely trying to suppress crypto.
They only silence things they are afraid of.
Bullish. 🚀
— Layah Heilpern (@LayahHeilpern) October 13, 2024
Amid this development, Bitcoin’s price demonstrated resilience, suggesting that the so-called “Uptober” might be gaining momentum. Previously, a 2021 case reported by CNF also noted that Dogecoin Google searches were double those for Bitcoin, according to studies.
Notably, Bitcoin exchange reserves hit their lowest levels since 2018, reinforcing the belief that investors are opting to hold rather than sell. Additionally, data from Coinglass shows increased short liquidations, potentially driving further upward movement if the market momentum continues.
Despite Google’s actions, Bitcoin’s market price is surging. According to CoinMarketCap, at the time of writing, Bitcoin (BTC) is reaching a price of $65,675, up 4.81% in the past day and 4.80% in the past week.