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Bitcoin News

Bitcoin Mentions on X Grow by 65% Reaching 140M in 2024

In December, Bitcoin hit $100,000 for the first time, sparking over 1 million posts on X, as mentions surged by 65% in 2024.

Written By:
Ronak Kumar

Reviewed By:
Dhara Chavda

Last updated: December 27, 2024 12:09 PM
Published 2024-12-27
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Bitcoin Mentions on X Grow by 65% Reaching 140M in 2024

Crypto conversations on X surged in 2024, with Bitcoin dominating discussions throughout the year. Mentions of Bitcoin increased by 65% compared to 2023, reaching over 140 million tweets, according to data from social listening platform Visibrain. 

This spike in chatter was especially noticeable in early 2024, driven by the approval of spot Bitcoin exchange-traded funds (ETFs) by the U.S. Securities and Exchange Commission.

Bitcoin Dominates X with 140M Mentions and 65% Growth
Source: X

The approval sent Bitcoin discussions soaring, with the total value managed by Wall Street’s Bitcoin ETFs surpassing $110 billion, even exceeding the holdings attributed to Bitcoin’s mysterious creator, Satoshi Nakamoto.

After January’s highs, Bitcoin conversations slowed but picked up again around key moments, such as the halving event, which is designed to make Bitcoin more scarce. 

The chatter intensified in November when President-elect Donald Trump’s crypto promises stirred excitement about making the U.S. a global crypto hub. December saw Bitcoin discussions spike again as the cryptocurrency breached the $100,000 mark for the first time. 

Over 1 million posts were made on X as Bitcoin hit this major milestone. However, by the day after Christmas, Bitcoin settled at $95,000 as the festive “Santa Rally” began to cool.

Bitcoin’s rise in 2024 made it a central topic on X, sparking ongoing conversations about the future of digital assets and the growing role of cryptocurrencies in global markets.

Also Read: SEC Approves Hashdex and Franklin Bitcoin Index ETFs

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:Bitcoin (BTC)
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Ronak Kumar- Crypto Journalist at The Crypto Times
By Ronak Kumar
Follow:
Ronak Kumar is a Crypto Journalist with over 3 years of experience covering blockchain, AI, finance, and emerging digital trends. With a background in Commerce (B.Com) and a Postgraduate Diploma in Management (PGDM), he combines business insight with a clear understanding of the evolving crypto space. His reporting has been featured in major publications, with his work cited by NDTV, Hindustan Times, and Outlook India on topics like Trump Memecoin, Bhutan’s crypto mining, and Barron Trump’s digital presence.
Dhara Chavda- Crypto Research Analyst at The Crypto Times
By Dhara Chavda
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Dhara Chavda is a Content Strategist and Research Analyst with 5 years of experience in the crypto industry. She holds a Bachelor’s degree in Computer Engineering and brings a strong technical perspective to her work. Dhara specializes in DeFi, price analysis, and the core mechanics of cryptocurrencies. She also works on crypto news, including research, analysis, and assigning stories, ensuring accurate and timely coverage of key developments in the space.

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