Published 2 years ago

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

Summary by Ground News

The demand for block space fell, resulting in a decline in Bitcoin's transaction count and fees by roughly 3% and 23%, respectively. The average daily value settled also plunged 44% QoQ. Bitcoin price action has been swayed similarly to that of a high-beta US tech equity instead of serving as a store of value.

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Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report - DailyCrypto

Owing to the historic inflation, Q3 has been painful for Bitcoin. The largest cryptocurrency by market cap appears to have largely lost its inflation hedge and store-of-value narratives in the market. According to Messari’s new report, the demand for block space fell, resulting in a decline in Bitcoin’s transaction count and fees by roughly 3% […]

2 years ago

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CryptoPotato

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

With several narratives at stake, data suggests that Bitcoin is yet to mature.

2 years ago

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DropTown

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

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2 years ago

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Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

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Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report - DailyCrypto

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report - DailyCrypto

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

Latest Market Crash Proved to be Narrative Breaker and Reality Check For Bitcoin: Report

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