Google Searches for Crypto Near Year Low as Sentiment Sinks
Global Google searches for “crypto” are hovering near one-year lows as a broad market decline has cut total cryptocurrency market capitalization from an all-time high of more than $4.2 trillion to about $2.4 trillion.
Worldwide interest in the term “crypto” stands at 30 out of 100, according to Google Trends, where 100 represents peak search popularity. The 12-month low is 24. The 100 reading was last recorded in August 2025, coinciding with the market capitalization peak.
Google worldwide search volume for the term “crypto.” Source: Google Trends
In the US, search activity followed a similar pattern, peaking at 100 in July, dropping to below 37 in January, and rebounding to 56 in the first week of February. The yearly low of 32 was recorded during the April 2025 market downturn linked to US President Donald Trump’s tariff policies. This information is based on Google Trends analytics for the US.
Total crypto market trading volume declined from more than $153 billion on Jan. 14 to about $87.5 billion on Sunday, according to CoinMarketCap.
Google stats for US search volume for “crypto.” Source: Google Trends
Google search interest is often used as a proxy for investor sentiment and aligns with other gauges such as the Crypto Fear & Greed Index.
Investor sentiment slides as Fear & Greed Index sets record lows
The Crypto Fear & Greed Index fell to a record low of 5 on Thursday before inching up to 8 by Sunday, according to CoinMarketCap. Both readings indicate “extreme fear.”
Sentiment levels are comparable to those seen after the 2022 collapse of the Terra ecosystem and its dollar-pegged stablecoin, which triggered cascading liquidations and accelerated that year’s bear market.
Market sentiment platform Santiment reported on Friday that crowd sentiment remains strongly bearish, with the ratio of positive to negative commentary deteriorating and negative remarks reaching their highest level since Dec. 1.
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