Global Google Trends data show worldwide interest in digital assets has fallen to around 26 on a 0-100 scale, near the lowest in a year, with U.S. search demand also retreating. The latest reading echoes the pullback seen in April when the market endured a broad sell-off linked by observers to policy moves at the time. Analysts say the retreat underscores waning retail participation even as some institutions forecast a longer-term rebound.
Crypto opinion remains mixed on the outlook. Prominent influencer Mario Nawfal noted that retail adoption is scarce and trust has eroded following the Trump and Melania meme-coin episode. The meme-coin surge tied to the Trump family has left investors wary as prices declined by more than 90% from their peaks. In October, roughly $20 billion in leveraged positions were liquidated, and some altcoins tumbled as much as 99% in a single session.
Bitcoin also slid from above $125,000 in early October to around $80,000 by November, and has traded in the $80,000–$90,000 range since. Market sentiment, as measured by the Fear & Greed Index, dropped to 10 in November and stood at 20 on December 26, signaling a persistently risk-averse mood. Yet several market participants see potential for a longer-term rebound, with institutions and analysts outlining a path to higher prices as demand from providers and supply constraints become more prominent. Major banks and research houses have offered divergent views, with Standard Chartered and Bernstein projecting Bitcoin reaching around $150,000 by 2026, underscoring a continuing debate about the asset’s trajectory.
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