Bitcoin's $100k breakout silently crippled its adoption curve as on-chain metrics crater

Bitcoin Is Being Bought, Not Used For most of Bitcoin’s history, price and usage told broadly the same story. When price moved higher, more people showed up. More wallets became active. More transa...

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Bitcoin's $100k breakout silently crippled its adoption curve as on-chain metrics crater

Source: CryptoSlate

Bitcoin Is Being Bought, Not Used For most of Bitcoin’s history, price and usage told broadly the same story. When price moved higher, more people showed up. More wallets became active. More transactions hit the chain. The relationship was never perfect, but it was stable enough to treat price as a rough signal for adoption. […]