Bitcoin declared ‘dead’ 52% less in 2022 despite bear market vibes
The cryptocurrency market has turned green once again after weeks of volatile price movement, with Bitcoin (BTC) leading the recovery effort by showing, for now, at least indications of stabilizing above the crucial $30,000 price barrier.
Interestingly amidst the current bearish market environment, the number of times Bitcoin has been declared ‘dead’ so far in the first half of 2022 stands at 12. In point of fact, this represents a 52% reduction in the number of times the flagship digital currency was declared dead when compared with H1 2021, which totaled 25 times, according to data from 99Bitcoins, the cryptocurrency’s official obituary.
Source
@CryptoWorldAnalysis
