What actually matter is not the actual price, it's the trend.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.
Yes, Like what I've read before, There are some similarities. Because the price of bitcoin is unstable. Sometimes it rises, sometimes it falls. Since the price is rising now at about 80k, then I can say it is matter. Because what matters most, we are talking about money.
If the price is stable or rising, the adoption increases. People and businesses get more confident in bitcoin and start using it. More miners start up their gears.
If the price is falling, people get scared / suspicious and will go away from bitcoin.
Yes, Like what I've read before, There are some similarities. Because the price of bitcoin is unstable. Sometimes it rises, sometimes it falls. Since the price is rising now at about 80k, then I can say it is matter. Because what matters most, we are talking about money.