Searches for "Bitcoin going to zero" on Google peak since the FTX collapse
Searches on Google for the phrase "Bitcoin going to zero" have surged to their highest levels since the panic wave following the FTX collapse in November 2022, according to Google Trends data over the past five years.
This increase coincides with the decline in the price of Bitcoin from its all-time high on October 6, 2025, when it reached around $126,000, to about $66,500, before rising again to nearly $67,000, according to CoinGecko data, putting the currency down by approximately 50% from its peak.
At the same time, the Bitcoin fear and greed index dropped to a "severe fear" level of around 9 points, a level seen previously during the collapse of the Terra system and the fallout from the FTX crisis in 2022.
Google Trends data shows that global interest in the phrase "Bitcoin going to zero" reached similar levels in early November 2022, when FTX froze withdrawals before filing for bankruptcy.
The platform's founder, Fernando Nikolic, stated that the wave of fear in 2022 was driven by internal events in the sector, such as the consecutive failures of central lenders and the collapse of one of the largest trading platforms, while current fears are linked to macroeconomic factors and are amplified by one pessimistic voice.$BTC
