Top 5 Countries With Highest Bitcoin Interest: El Salvador, Nigeria, and More

According to CryptoPotato, El Salvador tops the list of countries with the highest interest in Bitcoin, as shown by Google Trends data. The Central American nation made headlines in 2021 when it became the first country to officially recognize Bitcoin as legal tender. Since then, its pro-Bitcoin political leader, Nayib Bukele, and his administration have outlined numerous Bitcoin-related initiatives, including a vet hospital paid with the cryptocurrency, volcano bonds, and mining it with excess volcano energy. El Salvador currently holds $400 million worth of BTC. Nigeria ranks second in interest in Bitcoin, despite the government's previous prohibition on banks servicing cryptocurrency clients. The African nation has been battling galloping inflation for years and has blamed the cryptocurrency industry for its devaluating fiat currency. However, Nigerians have always been fond of Bitcoin and other digital assets, as shown by many surveys. The other three countries in the top five are Liechtenstein, Switzerland, and Austria, all European nations with strong economies. Switzerland is known for being pro-crypto, with multiple crypto exchange-traded products on the Swiss market, a local bank offering staking for different assets, and the Canton of Zug allowing certain payments to be made with Bitcoin and Ethereum.