Do you think Bitcoin still on the rise in terms of market capitalization ?
Although market capaital was decreased a few months ago but this is the part of bitcoin volatility. Bitcoin still has many advantage that makes people interested to use it. For an investment or medium of exchange. People use it for many reasons. Now, the market capaital of bitcoin is start to growing again. Yes it still rising.
Bitcoin was never downgraded, it's still the same technology that we buy when the price was near $20,000.
It's the bearish market that bring it down, when a coin is overbought, a correction will happen and I think we already experience that last 2018.
Now, we are into seeing the price to grow again, the volume will rise because investors are coming back in.