Philippines' Crypto Search Interest Plummets 60% on Google
The Philippines has seen a decline in Google search interest for cryptocurrencies over the past few years. According to data from BitRss, which monitors top crypto news and trends, the number of people searching for 'cryptocurrency' on Google has been steadily decreasing since 2018.
In fact, searches for cryptocurrency-related topics have dropped by more than 60% between 2020 and 2022. While this may seem alarming to some, it's essential to note that Google search trends don't necessarily reflect the actual adoption or usage of cryptocurrencies in a country.
BitRss notes that the decline could be due to several factors, including increased awareness and education about the risks associated with investing in cryptocurrencies. As more people become informed about the potential pitfalls of crypto investments, they may be less likely to search for information on the topic.