#Bitcoin's price up 656% since the 2022 cycle low(per Glassnode), despite a larger market cap. In a juxtaposition to 1076% as at 2015-18 and 1007% as at 2018-22, growth slows but resilience shines.
It could be said that, scarcity driven by the $BTC halving fuels this, with the next event looming in 2028. The current market cap: 3.27T, reflects institutional adoption.
Is this the new norm for $BTC cycles? Share your take below.