Bull Alert? Cryptocurrency Interest on the Rise

Various web rankings have are highlight increased interest in cryptocurrency as many crypto projects are on the rise in visit and demand across the web. This can be due to many factors but whatever factor it is; this is almost a pointer to a refreshed entrance into the crypto world which can lead to a bull run in the short time.

According to Alexa, a global website ranking, the global interest in cryptocurrency related website is on a rise. Some of this company include Binance and Coinbase.

Binance was reported to be up by 13% in April with an average 1,183,000 visits per day; Alexa ranking for Binance is now 911th in the world and is up by 233 places through the previous three months. Most of the traffic is coming from the US making up 21% of the total traffic, others include India at 7.2%, Japan 6.6%, Germany 3.7%.

Coinbase on the other hand is up by 27% in April with an average 930,000 visits per day; rising 288 places to 1,236th in the world. Also dominated by the US with a 55.6% of the total visit.

Both the site are on a 7 months traffic highs in April.

Google rating has shown the same trend with increase in cryptocurrency related search.

This is indeed an indication according to analyst. the last time the crypto space experienced this type of surge in adoption was around Q4 2017 which the cryto market started booming and many assets achieved an all time high. This may indeed be a wave of new global adoption and may just do what the previous did.

Author: CoinTick Editorial

CoinTick Editorial is a collection of Cryptocurrency experts who are a team of the CoinTick arm of the BAYK Project. They are collectively sharing crypto News and Articles and regulating News and Articles published by CoinTick writers, External writers and Sponsored Posts on the CoinTick platform. To get in touch, use the Contact Us page or write to editorial@cointick.net

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