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Bitcoin Smashes $106K Barrier—Quietly Defying Retail Mania This Time

Bitcoin Smashes $106K Barrier—Quietly Defying Retail Mania This Time

Published:
2025-05-21 13:26:09
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No Lambo memes, no ’to the moon’ spam—just a cold, record-breaking close above six figures while normies sleep.

Wall Street’s algos barely blinked as BTC carved its new ATH. Meanwhile, your aunt still thinks it’s ’that internet money hackers use.’

Funny how the real milestones hit when the degens aren’t looking. Almost like... mature adoption? Nah, probably just whales playing with bankers’ money.

Bitcoin Daily Close

Bitcoin’s Record Daily Close (Source: Barchart)

Some market watchers believe Bitcoin could be on track to surpass $110,000 in the coming weeks. Yet, despite the price surge, the typical signs of retail enthusiasm are missing.

In past cycles, a move like this WOULD have drawn a wave of new investors and widespread media coverage. Instead, the response has been relatively muted.

Google Trends data shows that search volume for “Bitcoin” is currently at levels last seen in early November 2024, before US President Donald TRUMP secured his second term at the White House.

Bitcoin’s Google Search Result

Bitcoin’s Google Search Result Volume. (Source: Google Trends)

At that point, global interest in the top crypto had reached a score of 22 on Google’s 0–100 scale. However, the peak search interest ballooned to 40 in January when BTC reached a new all-time high.

Still, this is less than half of the retail frenzy observed in prior bull markets in 2021, when the score hit 100.

|Square

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