The BTC Ecosystem is more than just a Store of Value.
Bitcoin is trading at $117,960 with a market capitalization of $2.34T, close to its all-time high (ATH) of $124,457.
The ecosystem is rapidly evolving beyond its functionality as a store of value through:
• The launch of the Bitlayer mainnet that enables DeFi capabilities
• BounceBit introducing tokenized U.S. Treasury bonds
• Regional divergence with Asia (+931) showing strength while Europe (-110) retreats
Drivers of Ecosystem ExpansionThe transformation of Bitcoin's utility is accelerating thanks to:
• Layer 2 solutions that enhance scalability and cross-chain functionality
• Institutional adoption by BlackRock, Franklin Templeton, and MicroStrategy
• A 30M BTR airdrop campaign attracting developers and users
• Stable CPI (consumer price index) data in the U.S. improving market sentiment.
