Cryptocurrency and bitcoin has become a phenomenon which also seeped into the life of the community itself, it looks very clear when interest in the bitcoin soar with the price in December.
And how Thomson Reuters, one of the renowned consulting institution established at the start of this year, there is a clear relationship between the buzz term Bitcoin, and market prices that are stored by a crypto assets from time to time.
Google Trends now shows an increase in the number of searches that include the term bitcoin on the internet, but what does this mean?
Google Trends is a great utility that was taken by the giant search engine that allows you to find out how many times a term included and searchable through Google. This is mainly a measure of the interest owned by people over a certain term or idea.
So, as reported by forbes, interest has increased in the bitcoin last days. Maybe because some of the major factor, but the important part is that bitcoin has popped back to a higher level, compared to what is experienced at the beginning of this year when the price fell more than 50%.
The truth is that lately, with so many projects, and interested in the startup cryptocurrency, aside from the usual such as Exchange and Initial Coin Offerings (ICO), is not surprising.
In fact, the old technology like IBM and banks like Morgan Stanley have announced the blockchain and cryptocurrency related projects this month, IBM by testing the system to process banking and Moran Stanley by appointing a new position, Chief of asset Digital.
Even so, an awful lot of people think of the bitcoin lately, and that can't be a bad thing.