Bitcoin, Ethereum Search Interest Surges 26% in March 2025
3min read In March 2025, online search interest for Bitcoin and Ethereum reached their highest levels so far this year. google Trends data shows that Bitcoin’s search score rose to 34, up from 27 in February. Ethereum followed with a score of 19, up from 16 the previous month. These scores are based on Google’s relative scale of 0 to 100, with Bitcoin’s all-time peak occurring in December 2017 and Ethereum’s in May 2021. While current levels remain well below those past peaks, the rise in March broke a multi-month streak of declining search interest. This renewed attention comes after several quiet months in the market, leading many to take notice.
Some market watchers are pointing to recent global developments that may be pushing more people to revisit Bitcoin and Ethereum. In particular, the United States’ new tariff policy announced on April 2 has brought back attention to the idea of Bitcoin being used as a hedge against economic instability. Following the tariff announcement, the ratio of Bitcoin’s performance compared to the S&P 500 rose by over 8%. This is leading some to look at Bitcoin as more than just a speculative asset again. At the same time, traditional safe havens like gold have also gained. The gold-to-Bitcoin and gold-to-SPX ratios both climbed by around 8% to 10% after the tariff news. This shows that while Bitcoin may be attracting interest, gold still leads when investors look for stability.
A wallet tied to one of Ethereum’s original investors has shown activity for the first time in three years. The wallet, associated with the 2015 Ethereum ICO, moved 6,000 ETH—valued at roughly $9.55 million—on Thursday. Of that amount, 3,000 ETH were later sent to a deposit address linked to Kraken, a crypto exchange, indicating a potential plan to liquidate part of the holdings. This wallet, originally holding ETH purchased at approximately $0.31, is now reflecting gains of over 500,000% based on current prices near $1,590. The movement of funds from this long-dormant address has drawn attention, with observers monitoring for any further transactions that could indicate a larger sell-off. The remaining 3,000 ETH were sent to a second wallet, which has yet to move the funds. No additional activity has been recorded since the initial transfers, but many traders are monitoring the situation closely.
The combination of rising Google search activity and dormant wallets becoming active again is prompting fresh interest in the crypto space. While market conditions remain uncertain, these signs suggest that retail curiosity could be returning. Whether this leads to stronger price movements or remains a short-term reaction is still unclear. For now, investors and analysts alike are keeping a close eye on search data, wallet movements, and macroeconomic signals.
Ask Aime: What impact does the resurgence in Bitcoin and Ethereum search interest have on the crypto market?
The recent decision by Panama City to accept Bitcoin, Ethereum, USDC, and USDT for taxes and city fees marks a significant step towards integrating cryptocurrencies into mainstream governance. This move not only legitimizes the use of digital currencies but also sets a precedent for other cities and regions to follow suit. The acceptance of these cryptocurrencies for official payments could further fuel the FOMO effect, as more individuals and institutions may feel compelled to invest in these digital assets to stay relevant in an increasingly digital economy.
Despite the positive sentiment, analysts have raised concerns about the sustainability of the current price trends for Bitcoin and Ethereum. According to the analysts' forecast, Bitcoin could retest the $50K range, and Ethereum may fall toward $700 in 2025. These predictions highlight the volatility inherent in the cryptocurrency market and the need for investors to exercise caution. The Crypto Fear & Greed Index, which ranges from 0 (Extreme Fear) to 100 (Extreme Greed), reflects the current market sentiment. A low value on this index signals overselling, while a high value warns of potential market corrections. The recent surge in search activity for Bitcoin and Ethereum could be indicative of a high value on the index, suggesting that investors may be driven by greed rather than a rational assessment of the market.
The FOMO effect is not limited to individual investors; it also impacts the broader market sentiment. The current batch price of certain cryptocurrencies, such as Cardano, stands at $0.0248, showing an astonishing 2,380% return from the first batch. These statistics are not only driving FOMO but also creating a sense of urgency among investors to capitalize on the potential gains. However, it is essential to remember that past performance is not indicative of future results, and investors should conduct thorough research before making any investment decisions.
In conclusion, the surge in Google searches for Bitcoin and Ethereum, coupled with the acceptance of these cryptocurrencies by Panama City, indicates a renewed interest in digital assets. While the FOMO effect may drive short-term gains, investors should remain cautious and consider the potential risks associated with the volatile nature of the cryptocurrency market. The analysts' forecast for Bitcoin and Ethereum prices in 2025 serves as a reminder that the market is subject to fluctuations, and investors should approach it with a long-term perspective.
