google search Google search data can predict the price of bitcoin, new research has found.
Academics from the University of Cagliari, Italy, compared USD trading volume with data from Google Trends in the 12 months leading up to July 2015.
The results, detailed in their new paper , indicated that search volumes for the keyword ‘bitcoin’ correlated with – and sometimes predicted – the currency’s market volumes. bitcoin trends Using a Pearson correlation , which shows […]
