Bear Market Grips Bitcoin Price While Adoption Expands Across Wall Street

Bitcoin (BTC) continued its downward trajectory in February, trading at $64,492, nearly 50% below its early October all-time high (ATH) price. Yet, price action tells only part of the story. According to River, Bitcoin adoption accelerated last year, with institutions, banks, merchants, public companies, and even nation-states increasing their exposure. Is Bitcoin’s 50% Decline Masking a Structural Bullish Trend? BeInCrypto recently reported that the crypto market has slipped into extreme fear, with retail investors growing increasingly pessimistic about Bitcoin’s price source: https://beincrypto.com/bitcoin-adoption-surges-despite-price-decline/