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Bitcoin (BTC-USD) is Here to Stay
May 24, 2021
Bitcoin (BTC-USD) is Here to Stay
The price of Bitcoin (BTC-USD), the world's largest cryptocurrency, has come under significant pressure in recent months.
Despite falling nearly 50% from its ATH price, Bitcoin has gained recognition and legitimacy in the meantime, as evidenced by it's steadily rising Mention volume.
Generic Consumer Mentions of BTC have continued to push higher, currently +10% QoQ and +247% YoY on a 7-day moving average.
The longer Bitcoin spends in the limelight, the closer it gets to receiving global recognition as a legitimate ‘investable asset.’