Bitcoin’s X popularity grew 65% YoY in 2024

User X has posted more than 140 million tweets mentioning Bitcoin on Elon Musk’s social network.

Crypto conversations about X increased in 2024 compared to 2023 as Bitcoin (BTC) developments have dominated digital asset mindshare on the platform formerly known as X.

Posts containing “Bitcoin” increased 65% year over year, according to data from social listening protocol Visibrain seen by crypto.news on Boxing Day.

Mentions of Bitcoin peaked in early 2024, coinciding with the approval of BTC spot exchange-traded funds issued by the United States Securities and Exchange Commission. Wall Street’s spot BTC ETF complex managed more than $110 billion in investor assets, more than its holdings. assigned to the creator of BTC, Satoshi Nakamoto.

BTC talk on which occurs every four years to improve the scarcity of BTC.

Monthly mentions of BTC via crypto capital.

In early December, social media discussions about BTC approached the levels seen just after the one-time approval of the BTC ETF. More than a million X messages were posted as the leading cryptocurrency hit $100,000 for the first time, breaking the psychological six-figure barrier.

BTC changed hands for $95,000 a day after Christmas as the Santa rally calmed down heading into the new year.