Search trends related to the demise of Bitcoin are on the rise as the top crypto asset continues its slide from its October all-time high mark above $126,000, recently changing hands around $66,561. 

Data from Google Trends shows that worldwide queries for “Bitcoin going to zero” and “Is Bitcoin dead?” have spiked to their highest levels since 2022, as a viral X post pointed out this week.

Those trends play a small role in determining the Fear and Greed index, a sentiment gauge that analyzes the feeling in the crypto market using variables like market volatility and social media posts.

Last week, the index reached 5, matching its lowest-ever mark—a feat not achieved since 2019. At that number, the market is…