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Crypto: Google searches for virtual currencies, NFTs decline

Yahoo Finance Video

Yahoo Finance's Julie Hyman breaks down global interest trends for digital currencies and NFTs.

Video transcript

JULIE HYMAN: Well, we're going to take a break. Before we do, we're going to go to the Stat of the Day, which tells us about global interest in virtual currencies like Bitcoin and Ethereum, 70% below their 2021 highs. That was measured by Google search volumes. Query volumes for NFT also weak, 65% lower than their January 22 highs, DataTrek bringing us those Google search terms.

I didn't get a chance because I didn't know that I was going to be doing Stat of the Day, but I would bet that if you looked at how much Bitcoin and Ethereum are pricewise below their 2021 highs--

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BRIAN SOZZI: I'm glad you mentioned that, Julie--

JULIE HYMAN: [INAUDIBLE]

BRIAN SOZZI: --because I have that story right now on the Yahoo Finance home page. I encourage you and everybody to check it out. Click, click, click.

JULIE HYMAN: But you're not going to tell me how much it's below the highs?

BRIAN SOZZI: I can't. I need the views.

JULIE HYMAN: OK.