Bitcoin Search Volume Soars as Price Experiences Major Swings
By John Nada·Feb 7, 2026·2 min read
Bitcoin search volume surged to a record high as its price dipped to $60,000. Retail interest is returning, despite prevailing market fears.
Google search volume for 'Bitcoin' has skyrocketed, hitting a peak score of 100 in the week starting Feb. 1, according to Cointelegraph. This surge in interest follows Bitcoin's price drop to around $60,000, a level not seen since October 2024. The previous high was a score of 95 during the week of Nov. 16–23, when Bitcoin slipped below the $100,000 mark for the first time in nearly six months.
As Bitcoin's price tumbled from approximately $81,500 on Feb. 1 to $60,000 within days, Google Trends data indicates a significant uptick in retail interest. Analysts often use search interest as a barometer for market sentiment, which tends to spike during notable price movement, especially during sharp sell-offs or rallies.
Market observers believe the current price range is attracting renewed attention from retail investors. André Dragosch, head of Europe at Bitwise, remarked in an X post that "Retail is coming back." Meanwhile, Julio Moreno, head of research at CryptoQuant, noted that US investors have begun purchasing Bitcoin following its dip to $60,000, highlighting that the Coinbase premium has turned positive for the first time since mid-January.
Despite the surge in search interest, caution remains prevalent among investors. The Alternative.me Crypto Fear & Greed Index fell to an 'Extreme Fear' score of 6, a level not witnessed since June 2022. This decline has led some market participants to suggest it might indicate a buying opportunity.
Crypto analyst Ran Neuner pointed out in an X post that metrics indicate Bitcoin is currently undervalued. With mixed signals from the market, the landscape remains uncertain but ripe for potential shifts in investor behavior.
The significant increase in search interest signals that Bitcoin is capturing attention again, even as volatility continues. This could be a pivotal moment for retail investors looking to re-enter the market, but the fear index suggests a cautious approach should prevail.
In summary, the recent spike in Google searches for Bitcoin reflects growing retail interest amid significant price fluctuations. As investors grapple with fear, opportunities may arise for those ready to act.