Correlation Search Trends and Price for Cryptocurrencies

Jacob V.
1 min readJul 2, 2018

--

If you examine price changes of Bitcoin and compare them to search trends on Google, you will notice that their is an strong correlation between the two. Much important data lies within search trends of different cryptocurrencies, price changes, user-growth and more. I built an web app that allows you to track the search terms of many popular cryptocurrencies, cryptoaim.io.

cryptoaim.io

Takeaway

Search trends do have an direct impact of prices of cryptocurrencies, law of supply and demand, if bunch of people are searching for an specific cryptocurrency, chances are the prices might go up. We can also watch out of any bubbles in the near future!

Thanks for reading! Feel free to check out my other articles or some of my designs.

--

--

Jacob V.

UI/UX Designer & Developer | Writing about Design and Development.