A new study has examined the popularity of investment products supported by Bitcoin, with the majority of funds coming from the United States. However, the recent decline in value has halted the upward trajectory, indicating that optimistic investors are not yet prepared to surpass the $71,500 mark. Nonetheless, the long-term perspective remains positive, and a particular metric suggests that we are only halfway through the current period of market growth. Axel Adler, a cryptocurrency analyst, utilized the Bitcoin MVRV Z scores in a post on X to illustrate that the ongoing cycle is only halfway completed. Stay up to date with the most recent technology news by visiting NEWSLINKER.
