Google searches for the phrase “Bitcoin is Dead” have surged to levels not seen since the collapse of FTX in late 2022, according to social media analysis. This increase in public skepticism follows a significant price drop from $90,000 to $60,000. Historical data indicates bitcoin has been declared dead hundreds of times, often preceding major market rallies.
Online searches questioning bitcoin’s viability have reached a notable peak, with one analyst stating “GOOGLE SEARCHES FOR “BITCOIN IS DEAD” JUST HIT ATHs.” This level of search activity is reportedly the highest since the FTX crash, according to a post by Rekt Fencer. The surge in queries coincides with a recent market correction where bitcoin’s price fell from $90,000 to $60,000.
Data from Google Trends presents a nuanced picture, indicating the absolute peak for such searches occurred in December 2025. However, search volume remains significantly elevated and has risen sharply over recent weeks. Public sentiment appears more fragile now than after the 2022 FTX collapse, which saw bitcoin fall by over 75%.
Bitcoin has a long history of being pronounced obsolete, with tracking websites logging between 467 and 477 such “obituaries.” Recent examples include a Deutsche Bank strategist questioning its status as ‘digital gold’ and a Financial Times columnist arguing its price was too high even at $69,000. Many social media commentators agree that such pervasive negative sentiment has frequently preceded strong price recoveries in the past.
