PH is 9th among countries most interested in cryptocurrency

Cryptocurrency refers to digital currencies such as Bitcoin, Litecoin and Ethereum.

Cryptocurrency refers to digital currencies such as Bitcoin, Litecoin and Ethereum. Despite being launched in 2008, cryptocurrency has become of significant global interest over the last few years, seeing a 203% Google trends increase over the last year alone.

Since its launch, cryptocurrency has been surrounded by a lot of skepticism, arguably demonstrated by 696,000 Google searches occurring globally each month. But who is most interested in this form of digital currency and what are their main concerns?

Eager to find out, experts at Invezz.com utilized online analytics tool Ahrefs to discover which countries in the world are most interested in cryptocurrency and what are their main fears.

Invezz.com reveals that the United States is the country most interested in cryptocurrency, with an astonishing 2,556,000 online searches regarding cryptocurrency each year – the equivalent of 7,003 online searches per day.

Ranking second is India, where there are 804,000 annual online searches about cryptocurrency. Despite following in the leader board, this is still 69% lower than the United States.

United Kingdom follows in third place with an average of 648,000 online searches about cryptocurrency each year.

Indonesia (324,000), Canada (300,000), Vietnam (276,000), and Australia (273,000) are among the other countries in the world where there are over 200,000 annual online searches about cryptocurrency, respectively ranking fourth, fifth, sixth and seventh.

At the other end in 20th place is Singapore seeing an average of 61,200 online searches relating to cryptocurrency each year.

The Philippines is ninth among countries interested in cryptocurrency with 144,000 online searches.