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‘Bitcoin Is Dead’ Searches Hit New Highs: Is the Bottom In?

Google search interest for the phrase “Bitcoin is dead” has risen to post‑FTX levels amid recent market volatility and liquidations [2][3].

2h agoFeb 21, 2026, 4:20 PMNewsroom AI

Google searches for the phrase “Bitcoin is dead” have spiked recently, with several outlets reporting levels not seen since the FTX collapse; the trend was highlighted on Reddit and covered by CryptoPotato and CoinPaper [1][2][3].

Market context: CoinPaper reported roughly $70 million in liquidations impacting BTC as the token held key support, and also linked the surge in searches to that market stress and ETF outflows [3].

Coverage that examined Google Trends notes the recent reading is elevated but not an all‑time high; analysts pointed out that past spikes in “Bitcoin is dead” searches have coincided with sharp corrections or bear phases and, in some instances, were followed by intense rallies [2][4].

The uptick in “Bitcoin is dead” searches coincides with measurable market pain this week, including liquidations and outflows, but historical patterns show search‑term panic has sometimes coincided with market bottoms and reversals—observers will watch price and flows for confirmation [2][3][4].

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