Global demand for crypto continues to skyrocket
The value of an asset, and the demand for it, will always be inversely proportional to supply. Although the supply of coins and the number of miners are increasing at an exponentially exponential rate, as more coin do come onto the market they will continue to lose value. With more and more people adopting and applying cryptocurrency we are starting to see more value in the crypto world. Essentially, crypto enthusiasts are attracted to things that make the world a better place. Bitcoin has helped to shift the perception of a poorly performing or bankrupt economy in need of a "reset", opening the way for financial institutions to be legitimized.
The relative Google search interest for Bitcoin is approaching all time highs in several emerging markets.
Worldwide demand for BTC and ETH continues to increase. The volume of transactions on exchanges and the sheer number of people using them has increased by double digits in the past few months. At the same time, many exchanges have been caught behind in terms of operational efficiency. We are seeing more and more companies accepting payments in both ETH and BTC, including large companies such as UBER, Expedia and Circle. There is clearly no lack of demand for crypto: as long as the price is right.
But, there have been a number of trends that are seemingly making the fundamental case for investing in Bitcoin and crypto-assets as a whole.Funnily enough, the two trends are the same that my grandfather — no joke — quoted to me when he rung me up last weekend asking how he could purchase some Bitcoin as an investment:
Centrals bank are printing money like there world is going to an end and there are pumping the markets with free money printed out of thin air and distributing that free money in consumers which is going to affect the whole financial market and people now started to understand the concept of btc why its a better choice and 2nd reason is btc halving where btc reward will be cut in half and therefore its value is going to increase more with 2% inflation rate.