British interest in crypto down 82% this year

Key Takeaways

• Crypto interest lowest of the year in the UK, down 82% from last last year
• On the other hand, 30% of Brits have bought, or know somebody who has bought, crypto
• This number is continuing to rise steadily – it is the highest since recording of results began in 2019 
• Correlation between Bitcoin’s price and Google search interest in crypto is extremely high at 0.72 (1 denotes a perfect correlation, 0 denotes no correlation)
• Data suggest interest will lull until positive Bitcoin price action returns, but mainstream adoption is increasing all the same

Bear markets crush prices, we all know that. 

But have plummeting returns also suffocated interest in crypto? We looked into cryptocurrency interest in the UK to see i