Despite Bitcoin nearing record highs, Wikipedia traffic shows retail interest is still muted, hinting the bull cycle has more room to run.
Crypto market cap surged from $1T in 2022 to $3.5T in 2025, yet Wikipedia searches show public curiosity remains inconsistent.
Bitcoin dominates Wikipedia traffic during rallies, but altcoins gain traction as prices rise and market cap hits fresh peaks.
According to Alphractal data, Bitcoin's price is nearing all-time highs, yet retail interest appears subdued based on Wikipedia search trends. This unusual disconnect suggests the current crypto bull cycle remains in its early stages. Retail investors have not yet returned in full force, leaving space for broader market growth. Meanwhile, the total crypto market cap has climbed from $1 trillion in early 2022 to over $3.5 trillion by 2025. This growth occurred alongside notable fluctuations in public curiosity reflected through Wikipedia traffic data.
Early Trends Show Modest Interest
Compared to recent years, 2022 saw a relatively low number of Wikipedia searches about cryptocurrencies. Bitcoin kept consistent public interest though altcoins saw very little interest on the demand side. Holding around $1 trillion, the market capitalization suggested a phase of consolidation.
Source: Cointelegraph
Mid-2022 saw a sharp rise in Wikipedia views across various cryptocurrencies. This occurred during heightened market volatility, suggesting growing curiosity amid uncertainty. Consequently, Bitcoin and other major altcoins saw spikes in traffic, reflecting widespread interest.
Late 2022 and early 2023 brought a decline in pageviews. Market conditions stabilized at lower levels, and interest faded. The drop in traffic paralleled a shrinking market cap, indicating a direct link between curiosity and market momentum.
Interest Spikes with Price Surges
Mid-2023 marked a turning point as market recovery gained pace. Wikipedia searches surged again. Bitcoin saw a strong rebound in pageviews, with Ethereum, Cardano, and Solana following closely. Late 2023 to early 2024 recorded the most intense spike in traffic. Bitcoin dominated search activity. Public attention mirrored price appreciation as the market cap soared from $1.5 trillion to $2.5 trillion.
However, by April 2024, pageviews began declining again. This happened even though prices continued climbing, hinting at a shift in public behavior. The separation between price action and public curiosity grew clearer. Late 2024 saw another major surge. Bitcoin's price approached new highs, reigniting Wikipedia searches. Market cap touched $3 trillion during this phase.
2025 Brings Peak Curiosity
In early 2025, Wikipedia searches hit record levels. Bitcoin led the spike, while altcoins showed robust traffic growth as well. Currently, the market cap stands near $3.5 trillion. Public interest remains high and spans multiple cryptocurrencies. Bitcoin still dominates, but altcoins gain more attention during major market movements.
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