We have been a few weeks with the joy of being back in the bitcoin. First it approached and exceeded $14,000, figures that had not been seen since the beginning of 2018, and in the last hotas it has just broken the record of market capitalization registered in December 2017.
At the time of writing, Bitcoin’s market capitalization stands at $335,300,000,000. It was almost three years ago, on December 16, 2017, when it reached the previous record of $328,898,790,192.
The figure has been surpassed with the price above $18,000, far from the record also registered then of more than $20,000. How could this happen? Simply because there are more bitcoins in circulation.
This new milestone in the history of bitcoins has arrived discreetly. And we say this because cryptomonies in general, and Bitcoin in particular, don’t enjoy the popularity they did back in 2017 when a combination of novelty and profit possibilities drove the interest of the general public.
You only have to look at the headlines of digital coins in the general press to get an idea of their limited popularity today. And if you want to know the numbers, just take a look at Google Trends.
According to the figures provided by the search engine, although there have been peaks of interest during 2020, these have not been as large as those seen in December 2017. In fact, the maximum interest during the last few months has been half or less than that experienced almost three years ago. Some of this year’s peaks in popularity also coincide with significant declines such as that of March.