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Google ditches Bitcoin price charts. Why?

Google ditches Bitcoin price charts. Why?

CryptopolitanCryptopolitan2024/10/14 13:54
By:By Florence Muchai

Share link:In this post: Google has removed live price charts for Bitcoin and other cryptocurrencies from its search results. Crypto investors argue that the price tag removal could be a Google algorithm experiment carried out ahead of the upcoming US election. The targeted removal looks to be limited to Bitcoin, Ethereum, and Solana; XRP, DOGE, and BNB remain unaffected.

Google has left Bitcoin investors scratching their heads as the search engine removed live price charts for Bitcoin and other cryptocurrencies from its search results. Users have noticed that queries like “ Bitcoin price ” or “ Ethereum price ” no longer display these charts.

The Google feature has been available since 2018. The new development has been in place for several days; however, it is unclear whether it is a temporary problem or a permanent decision.

Google ditches Bitcoin price charts. Why? image 0 Source: Google

Google has not yet released an official statement explaining the removal of these price charts. It could also be a Google algorithm experiment carried out ahead of the upcoming US election.

One user on the SoSoValue platform wrote, “It is a good sign, it says Bitcoin is something no one can ignore, especially Google in this case, a company so pro-digital. The fight is not just about the adoption of the cryptocurrency by the population, but the interests of the companies that manage the part the digital age.”

They argue that “If  [the search engine] removed Bitcoin as the main tab, then it aims to direct the population to another channel. It’s not the similar question, it’s why?”

Google removes Bitcoin price chart from search results

While cryptocurrency price charts have been removed, stock and index charts continue to be displayed in the search results. Previously, Google provided charts displaying the real-time rates of the most sought-after cryptocurrencies, allowing users to monitor prices as they wished.

See also Texas drug trafficking gang jailed for money laundering using cryptos

For anyone keen on tracking cryptocurrency prices, the data remains accessible on Google Finance. It’s also important to highlight that the most recent updates on the platform were recorded on October 7, indicating a potential technical issue with the data capture process.

Enthusiasts in the crypto space are keenly watching to see whether the search engine will reinstate these price charts or if this will set a precedent for how crypto data is presented online moving forward.

While investors wait for clarity from Google, the Google trends search term “Bitcoin” just hit a four-year low. 

Google ditches Bitcoin price charts. Why? image 1

The current change affects both desktop and mobile users. In addition, Google Finance’s Bitcoin price has been stuck since October 7th. The tech behemoth is no longer updating it.

BTC is not the only coin affected. The search engine has also taken out Ethereum and Solana price charts.

XRP, DOGE, and BNB remain unaffected

Well, it appears the targeted removal is only limited to Bitcoin, Ethereum, and Solana. Searches for $XRP, $DOGE, and $BNB remain unaffected. A user on X wrote, “We need to ask “why?” until we get a clear answer—journalists and ex-Googlers, lead the way and let the rest of us help.”

Google ditches Bitcoin price charts. Why? image 2

Notably, chart and pricing data for Stellar (XLM) remain on the search page. Also, Tron (TRX) remains unaffected. But the data for meme coin Shiba Inu is gone.

See also CZ to make first public appearance at Binance Blockchain Week in Dubai in October

Market traders speculate that the removals are moves to suppress cryptocurrencies. The Bitcoin Therapist on X argues, “Rumors are circulating that Google may be attempting to suppress the Bitcoin bull market by removing the price chart during searches.”

Currently, Bitcoin (BTC) is worth $64,788, up 3.2% in the last 24 hours. Today, the global crypto market cap stands at $2.35 trillion, and BTC’s market cap is $1.28 Trillion, representing a 54.41% Bitcoin market dominance.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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