Global online searches for “crypto” have plunged to near a one-year low, reflecting diminished retail interest. This coincides with a market downturn that has erased nearly $1.8 trillion in total crypto market value since its peak and pushed the Crypto Fear & Greed Index to record low levels signaling “extreme fear.”
Google worldwide search volume for “crypto” is hovering near one-year lows. This reflects weak investor sentiment amid a broad market downturn that reduced total market capitalization from more than $4.2 trillion to about $2.4 trillion.
Worldwide search volume currently sits at 30 out of 100. The 12-month low is 24, according to Google Trends data.
Search volume in the US followed a similar pattern but diverged by surging back up to 56 in early February. The yearly low for the US was 32, recorded during the April 2025 market crash fueled by U.S. President Donald Trump’s tariff policies.
Crypto market volume is down sharply from a high of over $153 billion. It stood at about $87.5 billion on a recent Sunday, according to CoinMarketCap.
Google search volume data is often used as a gauge of investor sentiment. It corroborates other sentiment indicators like the Crypto Fear & Greed Index.
The Crypto Fear & Greed Index hit a record low of 5. It later inched up to 8, with both levels signaling “extreme fear” in the markets.
Crypto investor sentiment is now at levels last seen following the collapse of the Terra ecosystem. The collapse sent shockwaves through the crypto world, triggering cascading liquidations.
Investors are currently searching for social signals that the crypto market has bottomed. “Crowd sentiment is fiercely bearish,” stated market sentiment analysis platform Santiment.
