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Bitcoin Sparks Interest in Social Media

by Brian Armstrong
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Bitcoin is the hottest topic of discussion amongst the financial experts and new-age investors these days. With its ever-growing price Bitcoin has grabbed much attention in recent times as high-value investors beeline to invest more in BTC.

Twitter analytics show that social media interest has grown manifold in Bitcoin, creating newer benchmarks each day.

Record Number of Twitter Accounts Talking about Bitcoin

Twitter is the most engaging and active social media platforms amongst financial experts and crypto enthusiasts. One can get all the latest information, rumours and hot discussion regarding cryptocurrencies, financial matters and corporate happenings on Twitter.

Recent data shows that lately, interest in Bitcoin has surpassed all its past records when more than 66 Thousand Twitter accounts have talked and posted about Bitcoin. The last highest number was recorded way back in 2017 during the last Bitcoin Peak season when around 64000 Twitter users were tweeting about Bitcoin.

The TIE Twitter handle tweeted that the number on Saturday surpassed the “12/27/2017” highest number of individual Twitter accounts tweeting about Bitcoin. The number increased more to 70000 after The TIE tweeted about it.

Currently, Bitcoin and Cryptocurrency are a rage amongst financial experts and crypto followers. More than a quarter a million posts have been shared about the crypto-related topics. Not just Twitter but other social media channels are also bustling with discussions around cryptocurrencies and Bitcoin. Google searches for Ethereum and Bitcoin have grown to substantial numbers as the general public is getting curious about the new modes of investment. As Bitcoin price is reaching its all-time high social media platforms are abuzz discussions around it.

Massive adoption of Bitcoin across countries and mainstream firms like PayPal adopting Bitcoin on their platforms have surely boosted public attention in Bitcoin. While leading financial firms’ lineup to join the cryptocurrency and Bitcoin bandwagon, the chatter and discussions around Bitcoin would increase in future. Retail investors are also curious about Bitcoin, and they actively interact and inquire about the cryptocurrency on various social media platforms.

 Bitcoin analyst Ryan Watkins said that “Institutions may be leading the charge this time around, but retail is definitely not sitting on the sidelines.” With PayPal allowing its customers to buy and store Bitcoin and other cryptocurrency on its platform and CashApp supporting Bitcoin, retail participation in Bitcoin has increased noticeably.


The information discussed by The Coin Magazine is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Do your due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright The Coin Magazine All rights reserved.

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