Is Bitcoin Dead? Here Is What The Fundamentals Are Showing
— Dead, Showing, Fundamentals, Oil, Bitcoins, Assets, Supply, Lightning, Digital, Price, Network, Transactions, Bitcoin — 1 min read
Bitcoin BTC is down 55.55% year-to-date and that has led to speculation that it is dead. In the past year, it has fluctuated between a high of $68,789 and a low of $17,708. 17 credible news sources and celebrities have announced that Bitcoin is dead in 2022, with the latest article coming from American Left-based magazine Jacobin. Bitcoin's supply of Bitcoin is limited to 21 million coins, and there is a hard market cap of 21 million. This makes Bitcoin the hardest asset to obtain because it is costly to produce more (read mining) Source