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    Home » The number of search queries on WeChat for the word "bitcoin" has more than doubled

    The number of search queries on WeChat for the word "bitcoin" has more than doubled

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    By BlockchainJournal on October 27, 2019 Bitcoin News, News
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    Following a recent speech by Chinese President Xi Jinping in support of blockchain technology, the number of WeChat searches for “bitcoin” has more than doubled. At the same time, the number of requests for the word "blockchain" increased by almost 12 times.

    WeChat searches (10/23/19):
    – 区块 链 (Blockchain): 777K
    – 比特 币 (Bitcoin): 572K

    WeChat searches (10/25/19):
    – 区块 链 (Blockchain): 9.2MM
    – 比特 币 (Bitcoin): 1.3MM

    Incredible! pic.twitter.com/gXvqEQOmVn

    – Cole Kennelly ⬙ ? (@ColeGotTweets) October 27, 2019

    No less impressive statistics were provided by Primitive Ventures managing partner Dovi Wang.

    https://t.co/g88DwdfOaZ def a lagging indicator

    – Dovey Wan ? ? (@DoveyWan) October 27, 2019

    According to the observations of analyst Alex Krueger, the dynamics of relevant search queries also began to grow sharply in the United States.

    Bitcoin internet searches

    Google + 233% (USA)
    Baidu + 200%
    WeChat + 145%

    This indicates searches likely increased because of the price pump, not the other way around. pic.twitter.com/P3YMJkOKIi

    – Alex Krüger (@krugermacro) October 27, 2019

    Recall that the sharp rise in bitcoin to $ 10,000 began shortly after the statement by President Xi Jinping, in which he supported the development of the blockchain.

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