{"id":79012,"date":"2023-10-31T15:00:47","date_gmt":"2023-10-31T19:00:47","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/wikipedia-page-records-highest-views-in-months\/"},"modified":"2023-10-31T15:00:51","modified_gmt":"2023-10-31T19:00:51","slug":"wikipedia-page-records-highest-views-in-months","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=79012","title":{"rendered":"Wikipedia Page Records Highest Views in Months"},"content":{"rendered":"<div>\n<figure id=\"attachment_124441\" aria-describedby=\"caption-attachment-124441\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><noscript><\/noscript><figcaption id=\"caption-attachment-124441\" class=\"wp-caption-text\">Bitcoin Wikipedia Source: Adobe \/ piter2121<\/figcaption><\/figure>\n<p>Online traffic to Bitcoin\u2019s Wikipedia page surged last week, signaling rising public interest in the asset as its price soared to a new yearly high.<\/p>\n<p>On October 24, the page registered nearly 13,500 visits \u2013 the highest daily count since Bitcoin\u2019s price plummeted below $20,000 in June 2022, according to data from The Block.<\/p>\n<p>\u201cBitcoin\u2019s recent rally and the potential for a spot ETF has people more interested in the asset,\u201d said Rebecca Stevens from The Block Research. \u201cThe newfound interest can be shown in more casual ways, like more people visiting Bitcoin\u2019s Wikipedia page.\u201d<\/p>\n<p>Bitcoin\u2019s Wikipedia page is one of the front-page results generated when searching \u201cbitcoin\u201d on Google. Visits to the page have historically spiked in times of major upside or downside price action.<\/p>\n<p>Besides last week\u2019s surge, the collapse of crypto exchange FTX in November 2022 marked the page\u2019s next-highest influx of visitors in the past 12 months. After BTC sank below $17,000 , the page received 11,000 visits on November 14.<\/p>\n<p>Another major surge of traffic occurred on May 13, 2021, with Bitcoin\u2019s price plummeting by roughly 50% after Elon Musk announced he would stop accepting BTC for car payments at Tesla. The site attracted over 63,000 clicks at the time.<\/p>\n<p>The single largest day for visitors was on December 8, 2017, attracting a whopping 344,000 visitors as BTC rallied to an all-time high of $20,000.\n<\/p>\n<h2>Why Has Bitcoin Rallied?<\/h2>\n<p>\nBitcoin\u2019s rally in October has been partly driven by optimistic news that a spot Bitcoin ETF may soon be approved in the United States.<\/p>\n<p>A false rumor that the approval had in fact happened took the asset to $30,000 on October 16. Then, more news about BlackRock\u2019s spot ETF listing on the DTCC website and a court order for regulators to review Grayscale\u2019s ETF application helped take it to $35,000 last week.<\/p>\n<p>Yet there\u2019s more to the story: some macro analysts, including BitMEX co-founder Arthur Hayes, have theorized that investors are turning to BTC and gold as safe-haven assets instead of US government bonds, as the market loses confidence that the U.S. can handle its debt burden.<\/p>\n<p>Specifically, Hayes highlighted that long-dated bonds experienced a selloff shortly after a speech from President Biden, signaling over $100 billion in overseas war financing.<\/p>\n<p>\u201cBitcoin \u2014 along with gold \u2014 is rallying against a backdrop of an aggressive selloff in long-end US Treasuries,\u201d wrote Hayes on his blog last week. \u201cThis isn\u2019t speculation as to an ETF being approved \u2014 this is Bitcoin discounting a future, very inflationary global world war situation.\u201d<\/p>\n<div class=\"newsletter home-newsletter single\">\n<div class=\"left-side\">\n<p>\n        <em><br \/>\n            Enter your email for our Free Daily Newsletter        <\/em>\n    <\/p>\n<p> A quick 3min read about today&#8217;s crypto news!<\/p>\n<p>    <span class=\"response-msg\" id=\"newsletter-response\"><\/span>\n<\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/interest-in-bitcoin-soars-wikipedia-page-records-highest-views-in-months.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin Wikipedia Source: Adobe \/ piter2121 Online traffic to Bitcoin\u2019s Wikipedia page surged last week, signaling rising public interest in the asset as its price soared to a new yearly high. On October 24, the page registered nearly 13,500 visits \u2013 the highest daily count since Bitcoin\u2019s price plummeted below $20,000 in June 2022, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":79013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-79012","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Wikipedia Page Records Highest Views in Months | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Bitcoin Wikipedia Source: Adobe \/ piter2121 Online traffic to Bitcoin\u2019s Wikipedia page surged last week, signaling rising public interest in the asset as\" \/>\n<meta name=\"robots\" content=\"index, follow, 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