Analysis: Bitcoin Google search trends have significantly declined, indicating a lack of interest and speculative desire among retail investors

ChainCatcher news, according to CoinDesk, the Google search trend for Bitcoin has significantly declined, with search rankings dropping below 25, indicating a clear lack of interest from retail investors, market excitement, or speculative desire.

For most of the past month, Bitcoin's price has hovered between $102,000 and $110,000.

Analysts believe that this lackluster interest aligns with historically low volatility, as the Bitcoin Volatility Index (DVOL) currently hovers above 40, one of the lowest values in over two years, only surpassed by the mid-2023 low.