HOW DO BITCOIN ADOPTION RATES INFLUENCE THE BTC PRICE?

How do Bitcoin adoption rates influence the BTC price?

The adoption rate of Bitcoin—by individuals, businesses, and even governments—plays a crucial role in shaping the BTC price. As more people use Bitcoin for payments, investment, and remittances, demand increases, which typically drives prices higher. Widespread acceptance also enhances Bitcoin’s utility and legitimacy as a digital asset. Whe

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