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Bitcoin looking top Kim K.



Bitcoin is more popular than the royal wedding and the world's largest reality stars TV star?

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6"> These are essentially the results of a new study of the cryptocurrency exchange Coinbase. According to the data, no more than half of Americans have heard of bitcoin (BTC-USD), but several of them have been searching for it this year on Google than Kim Kardashian this year.

Actually three times more.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = "" We look at Google searches by Kim Khadashian, of election results, of the royal wedding, and Bitcoin topped them all, "said Nina Willdorf, Coinbase & # 39; s Content and CD-ROM Director at" YFi PM . Data Reaction = "18"> "We look at Google searches by Kim Khadashian, by election results, by the royal wedding, and Bitcoin topped them all," says Nina Willdorf, Coinbase & # 39; s Content Director and Cditorial on "YFi PM."

"We found that awareness is quite high: 60% of Americans say they've heard of bitcoin," he said. "When you compare it to other broad phenomena, it's good."

Bitcoin has been on a seesaw and the 2019 highs rally near $ 13,000, but repeated some of these gains in the last few sessions. Cryptocurrency has increasingly tripled since the beginning of the year.

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "This may be because there is a high correlation between Google searches after bitcoin and its price action, according to a & nbsp; note & nbsp; of the research firm SEMrush. " data-response time = "21"> This may be because there is a high correlation between Google search for bitcoin and the price measure according to a note from research firm SEMrush.

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It is not surprising that California, a wealthy coastal state, has the highest percentage of the population that owns cryptocurrency. But the Coinbase study also revealed a few surprises.

"We saw great fluctuations in the US that show up. You can see states like Colorado, Utah, Alaska in this top 10 list. It was a very interesting indicator for us," Willdorf said.

Highest Crypto Ownership in the United States

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Coinbase also looked at states with the largest average value of crypto competition. person. Surprisingly, the Delaware residents have the highest average cryptocurrency value per person followed by California and Nevada.

Wyoming (No. 6) and New Hampshire (No. 10) also made the list.

So why are so many retail investors betting on bitcoin?

"We spoke to a person he says he sees it as a way to drive his own financial freedom. He says it's something for my generation, it's something that gives us a new form of access

For others who have access to buy crypto competition without an "accredited investor" designation is also a motivator. Also, some may like its affiliation with technology and the shape of the things to come.

] "A young woman in New York tells us that this is really interesting, and she thinks it's going to be the wave of the future," said Willdorf

Coinbase study shows that Google searches for Bitcoin are three times higher than searches for Kim Kardashian this year. (Photo by ANGELA WEISS / AFP / Getty Images)

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) – sm Mt (0.8em) type =" text "content = " Crypto is here to become " data-response time = "71"> Crypto is here to become

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm "type =" text "content =" Even big banks are entering the digital currency hype. Goldman Sachs ( GS ) CEO David Solomon told France's Les echos newspaper that he is looking at ways to convert currencies or assets into tradable digital contracts with blockchain. "data-reactid =" 72 "> Even big banks are entering the digital currency hype Goldman Sachs (GS) CEO David Solomon told France's Les echos newspaper that he is investigating ways to convert currencies or assets into transferable digital contracts with blockchain

<p class = "canvas-atom canvas text Mb (1.0em) Mb JPMorgan Chase & Co ( JPM ) said earlier this year it developed its own stable coin called" 0 "- sm Mt ( 0.8em) – sm "type =" text "JPM Coin." Data-response = "73"> Also JPMorgan Chase & Co (JPM) said earlier this year developed its own stable coin called JPM Coin.

Lawmakers will also enter cryptocurrency, with over 70% of US states having

Cryptocurrencies may not be everyone's cup of tea, but Willdorf says the numbers reveal that it still has much space to grow.

"When it comes to cryptocurrency or blockchain technology, Coinbase says. You see 60% of Americans tell us in this study that they've heard about Bitcoin that the figure shows it's both big and it also shows Space to grow. When you see 15% across the country, they say they are interested in buying cryptocurrency, "she said.

<p class = "canvas-atom canvas text Mb (1.0em) Mb (0) em) – sm" type = "text" content = " Grete Suarez is a producer at Yahoo Finance for YFi PM and The Ticker Follow her on Twitter : @GreteSuarez reactid = "82"> Grete Suarez is a producer at Yahoo Finance for YFi PM and The Ticker. Follow her on Twitter : ] @GreteSuarez

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm Read more : :" data -reactid = "83"> Read more :

<p class = "canvas-atom canvas-text Mb (1.0em) Mb (0) – sm Mt (0.8em) – sm" type = "text" content = " Follow Yahoo Finance on Twitter ] ] YouTube and reddit . "data-response time =" 89 "> Follow Yahoo Finance on Twitter Facebook Instagram Flipboard SmartNews LinkedIn YouTube [19659051] and reddit .


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