Bitcoin's Growth Rate Slows As Market Matures, Says Glassnode

According to BlockBeats, a research report released by Glassnode on January 29 highlights a deceleration in Bitcoin's price appreciation across cycles, indicating a maturing market. The current cycle's retracement mirrors the 2015-2017 period, suggesting a potential acceleration in the bull market at this stage. So far, Bitcoin's actual market value in this cycle has increased by 2.1 times, which is lower than the previous cycle's peak of 5.7 times and aligns with the 2015-2018 cycle. The fervor phase has not yet fully impacted the actual market value, indicating potential for further market expansion.