Googel Trends about Crypto in August

BitEye Market
Aug 31, 2018 · 2 min read

August has gone, now we come into September, look back this month, we have witnessed the ETF fever and it will continue in September. In the following we will present some chart to elaborate the emotions on crypto.

Hodl and Rekt

Surging above “REKT” on August 8th, it is very probable that the SEC’s (US Securities and Exchange Commission) announcement on August 7th that it is delaying its decision on the much-anticipated VanEck-SolidX Bitcoin ETF until the 30th of September, led investors to dig their heels in and encourage a “HODL” sentiment.

Bitcoin ETFs

Continuing last month’s spike’s in interest for bitcoin ETFs, this month saw no let-up in the search interest for the term. With a particular surge in interest on August 22nd following the SEC’s decision to reject nine Bitcoin ETF proposals: two from ProShares, five from Direxion, and two from GraniteShares, before the SEC commissioner subsequently remarked that she will review the decisions.

Altcoins

Altcoins had a slightly more interesting month than July — with EOS and NEO maintaining their dominance (although some of NEO search may be attributed to the lead character of “The Matrix” trilogy for example). Two standouts include TRON’s spike in interest on August 11th following its acquisition of the sought-after blockchain.org domain name, and Ethereum’s surge on the 14th after the cryptocurrency (more precisely Ether) dropped to its lowest price in 2018 to fall below $300.


BitEye Market

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