Bitcoin Adoption Continues Despite Price Volatility
The recent fluctuations in the price of Bitcoin have led some to question whether its adoption is truly increasing or not. However, data suggests that institutional flows into the cryptocurrency are slowing down. This trend could indicate a shift towards a range-bound regime, where the focus shifts from short-term price movements to more fundamental metrics.
In this type of market environment, it's essential to track key signals such as long-term holder behavior and network participation. These indicators can provide insight into the health and stability of the Bitcoin ecosystem.