The total number of unique Twitter accounts for "Bitcoin" has reached a record high, surpassing the record set during the 2017 bull run

The total number of unique Twitter accounts for "Bitcoin" has reached a record high, surpassing the record set during the 2017 bull run

Twitter analysis data shows that as Bitcoin continues to set new all-time highs, breaking through the $30,000 mark, searches for Bitcoin on social media have also hit new highs among many key indicators.

On Saturday night, an official tweet from cryptocurrency data company The TIE showed that the number of unique Twitter accounts about Bitcoin hit an all-time high, surpassing the previous record of 64,000 at the peak of the 2017 bull run:

The number of unique Twitter accounts tweeting about Bitcoin just hit a new all-time high of 66,832, surpassing the previous high of 64,652 on December 27, 2017.
— The TIE (@TheTIEIO) January 3, 2021

Joshua Frank, CEO of The TIE, provided Cointelegraph with additional information that suggests interest in cryptocurrencies will only continue to grow, and it’s not limited to Bitcoin.

According to Frank, since The TIE tweeted that the number of unique Twitter accounts about Bitcoin has exceeded 70,000 for the first time ever, the total number of tweets about Bitcoin has broken the record of 135,000 in December 2017 to reach 140,000, and the total number of tweets about cryptocurrency has also set a new high, reaching nearly 250,000 in 24 hours.

However, this growth trend is not limited to Twitter. As Cointelegraph previously reported, searches for the keyword “Bitcoin” are steadily climbing along with the price of the cryptocurrency. Similarly, searches for “how to buy Bitcoin” are also surging.

However, oddly enough, searches for “how to buy Ethereum” remain low, despite Ethereum having peaked at over $1,100 at press time:

Many speculate that this growth is being driven by institutional “FOMO” (fear of missing out), and now also retail investors who are also caught up in the speculative frenzy.

As a blockchain news and information platform, Cointelegraph Chinese only provides personal opinions of the author, has nothing to do with the position of Cointelegraph Chinese platform, and does not constitute any investment and financial advice. If you need to reprint, please contact the relevant staff of Cointelegraph Chinese.

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