X user posted over 140 million tweets mentioning Bitcoin on Elon Musk’s social media network.
The crypto conversation about
According to data from social listening protocol Visibrain seen by crypto.news on Boxing Day, posts containing “bitcoin” grew 65% year-over-year.
Bitcoin mentions peaked in early 2024, coinciding with the approval of spot BTC exchange-traded funds by the US Securities and Exchange Commission. The Wall Street spot BTC ETF complex managed over $110 billion in investor assets, more than the holdings attributed to BTC’s inventor Satoshi Nakamoto.
The BTC chatter on
The monthly BTC mentions about
By early December, BTC discussions on social media were approaching the levels reached immediately after the spot BTC ETF approval. Over 1 million X posts were published as the top cryptocurrency hit $100,000 for the first time, breaking the six-figure psychological hurdle.
BTC changed hands for $95,000 the day after Christmas as the Santa Claus rally cooled off at the start of the new year.