Google searches for ‘Bitcoin going to zero’ at highest since 2022
“Bitcoin going to zero” Google searches have spiked to their highest level since the FTX collapse, even as institutional buyers accumulate BTC and macro uncertainty hits record highs.
Google searches for “Bitcoin going to zero” have surged to their highest level since the post‑FTX panic in Nov. 2022, according to Google Trends data for the past five years.
The spike aligns with Bitcoin’s latest drawdown from its Oct. 6, 2025, all‑time high near $126,000 to roughly $66,500 at the time of writing on Thursday, according to data from Coingecko, leaving the asset almost 50% below its peak.
At the same time, the Bitcoin Fear and Greed Index has plunged into extreme fear around 9, levels previously seen during the Terra ecosystem collapse and the FTX fallout in 2022.
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Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday. The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction. “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more