Bitcoin Network Momentum Suffers from Era of Layer 2 Dominance

Bitcoin Network Momentum Suffers from Era of Layer 2 Dominance

Bitcoin’s fundamental outlook has been growing by leaps and bounds throughout the past year, with the vast majority of on-chain metrics pointing to mounting underlying strength. One such metric, however, that has not shown any signs of intense strength is the cryptocurrency’s network momentum, which has remained stagnant throughout the past few days and weeks. […]


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