U.S. Accounts For Above 40% Global Bitcoin [BTC] Positive Tweets - New Study.

U.S. Accounts For Above 40% Global Bitcoin [BTC] Positive Tweets - New Study.

2019-07-04 | Mike Hallen

U.S. Accounts For Above 40% Global Bitcoin [BTC] Positive Tweets - New Study.

Accounting for above 40% of total global Bitcoin [BTC] tweets, the U.S. looms massively over the crypto twitter. 

In line with recent 'thread of tweets', on 3rd July, by cryptocurrency data & infrastructure supplier ‘The TIE’, overall 38.9% of total bitcoin tweets arrive from the United States. Another 10.5% arrive from the United Kingdom. The top 5 countries generating bitcoin discussion on Twitter are from 'U.S.', U.K., Canada, Turkey & India, the TIE reveals.

Within an analysis of how far that social media sentiment is positive, the TIE has found that - so as - Peru, Malaysia, Indonesia, Vietnam as well as Italy show the foremost positive response on the average in their 'cryptocurrency' posts.

As for the negative, Venezuela - home to Maduro’s controversial oil-pegged ‘petro’ - hosts the foremost negative bitcoin tweets at around 62%. Mexico, Estonia, Brazil, & Ireland complete the list of FUD-leaning social media sentiment.

Globally, nevertheless, a rosy 59.8% of bitcoin tweets are optimistic - a figure that’s even higher, at 61.5%, in the Unites States.

The TIE has conjointly devoted some of its analysis to following Facebook’s Libra, finding that - despite a primary positive bias - around 54.8% of tweets dedicated to the coin globally are currently negative.

Libra tweets are reportedly most positive within the United Kingdom - and considerably less so in France along with the United States. Both these latter countries have skilled regulative pushbacks, the TIE adds.

A third crypto - chainlink [LINK] - is additionally covered within the analysis, with the US once more dominating the sphere [53% of all LINK tweets], followed by the U.K., Australia, Canada, along with Denmark.

As recently 'reported', data from Google Trends’ search analytics resource earlier in June revealed that web googling of the word ‘bitcoin’ [BTC] had hit at a 17-month high.

A geographical breakdown of interest on Google showed that for seven days running upto 29th June, the major levels where in São José dos Campos in Brazil, followed by Caxias do Sul, a city within the country’s south, along with several other multiple cities in America’s Silicon Valley.

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