Microsoft Bing Trashed 5 Million Crypto Ads in 2018: Who Cares?
Microsoft search engine Bing ranked second in popularity in January. The ranking didn’t include YouTube, which by itself processes 3 billion queries per month. This ranking enabled Microsoft to have a severe impact on the dissemination of cryptocurrency advertisements in 2018, according to a “year in review” report published today.
Comedy Gold: Microsoft Says 2018 Saw Bitcoin ‘Bull Run’
Microsoft wrongly placed the Bitcoin bull market in 2018. | Source: Yahoo Finance
First, comedy gold. The Bing report wrongly claims that cryptocurrency experienced a “bull run” in 2018.
“Cryptocurrency as an asset class saw a bull run in 2018, increasing valuations multi-fold.”
As readers are probably well aware, 2018 was the wind-down year. We dropped from over $15,000 at the beginning of January to $6,000 by November, and from there another $2,000 per Bitcoin was shed. For months now the price has fought to maintain around $4,000, giving it a remarkable “stability” factor not often seen in Bitcoin markets. Erstwhile, altcoins have had some breakouts, but nothing compared to 2017.
In case Bing updates the text, here’s a screenshot:
According to Microsoft Bing, 2018 was a bull year for crypto. | Source: Microsoft
