Ethereum

Bitcoin

<figure><img src="https://u.today//sites/default/files/styles/1200x900/public/2023-06/35834.jpg" alt="Cover Image" width="800"
 height="500">
 <figcaption>Cover image via <a href="https://u.today/">U.Today</a></figcaption>
 </figure>Twitter <a href="https://twitter.com/intotheblock/status/1665702101043888128">has been aflutter</a> with conversations around Bitcoin and Ethereum, the two largest cryptocurrencies by market capitalization, according to data analytics firm IntoTheBlock.<img alt="Ethereum" data-entity-type="file" data-entity-uuid="b9884d09-7664-47e4-9bfc-6f32d3781904" src="https://u.today/sites/default/files/inline-images/Fx3Crf9X0AA4nUY.png" />Image by <a href="https://twitter.com/intotheblock/status/1665702101043888128">@intotheblock</a>The rise in discussions could be indicative of burgeoning interest in these digital assets, despite their lackluster performance over the past week.Per CoinGecko data, Bitcoin is currently trading at $26,780 after recording a 4% decrease over the last seven days. Ethereum experienced a slightly less drastic drop of 1.6%, trading at $1,870.Interestingly, this uptick in social media chatter stands in stark contrast to recent trends in the global interest in cryptocurrencies.<a href="https://u.today/new-xrpl-hackathon-to-commence-here-are-details">card</a>As <a href="https://u.today/global-interest-in-cryptocurrency-dips-to-levels-not-seen-since-2020">reported by U.Today</a>, excitement surrounding cryptocurrencies has noticeably cooled off. Google Trends data shows that global interest in cryptocurrency has dipped to levels not seen since December 2020, marking a significant downturn in public engagement with the crypto sphere.Despite waning search interest, the increased Twitter conversations might hint at sustained or resurgent interest among a specific group of internet users. It is worth noting that Twitter, with its characteristic brevity and real-time updates, has often been the platform of choice for crypto enthusiasts and experts alike.Nevertheless, it is still too early to declare a definitive rebound in wider public interest in cryptocurrencies based on this social media metric. It would be far-fetched to assume that Twitter chatter might forecast a revival of the struggling crypto market.

Bitcoin and Ethereum Garner Rising Interest on Twitter

U_Today

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