So, it turns out that Google searches for Bitcoin have nosedived faster than my hopes of getting a date to a wedding—hitting their lowest point since last October. Yep, according to Google Trends, the buzz around Bitcoin has gone from “OMG, where do I buy?” to “Meh, whatever.”
That little number that measures how much people care about searching “Bitcoin” is now sitting pretty at 28 on the 12-month scale. For context, November 2024 was basically Bitcoin’s hottest month, when it cheekily broke the $100,000 mark—because who doesn’t like an overachiever?
Right now? Bitcoin is chilling near $95,000, like it’s casually waiting for someone to notice it’s only 13% shy of its January record high of $108,786. But retail investors? They seem to have ghosted it harder than last year’s gym membership, barely batting an eye.
The Silver Lining (Or How to Pretend There’s Hope)
Enter Hunter Horsley, CEO of Bitwise Invest, with the dramatic entrance of optimism. He reckons the recent bounce-back in Bitcoin prices wasn’t because of everyday internet browsers typing “How to buy Bitcoin,” but rather thanks to the big-shot investors playing their mysterious grown-up games behind the scenes. Apparently, while retail investors are out binge-watching Netflix, institutions and corporates are quietly hoarding Bitcoin like it’s the last slice of pizza at a party.
“Institutions, advisors, corporates, and nations have come into the space. The types of investors buying Bitcoin are expanding,” Horsley says, waving his CEO wand to reassure us all.
Evidence? Bitcoin exchange-traded funds just enjoyed their second-biggest money inflow ever last week, which is fancy speak for “big players are dumping serious bucks in.”
A Relentless Force (Or Bitcoin’s Secret Superpower)
On Sunday, Horsley dropped this bombshell: tens of millions of people are working behind the scenes to make Bitcoin the next big thing. Honestly, it’s kind of like a cult, but hey, with cooler jargon.
“Betting against Bitcoin isn’t just betting against proof of work, or a digital store of value. It’s betting against the relentless will of a growing force,” he said, sounding like a character from one of those epic fantasy novels.
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2025-04-28 10:36