Record-Breaking 'Bitcoin to Zero' Searches Amid Crypto Downtrend

Google Trends data reveals a surge in U.S. searches for 'Bitcoin to zero', reaching a record high amid the cryptocurrency's downtrend. This trend suggests growing retail fear and anxiety, which historically has coincided with periods of capitulation or heightened fear.

The current spike is stronger than previous peaks, with similar spikes occurring during prior market drawdowns in 2022 and briefly in 2025. For most of 2023 and early 2024, interest remained muted, reflecting a calmer market environment. The sudden rise suggests growing retail anxiety as Bitcoin consolidates after a sharp decline.