The volatility of Bitcoin has led to the shift in engagement because the price of Bitcoin can sometimes determine engagement. Like the economic variables; demand and supply. An increase or decrease in price, can lead to n increase or decrease in demand, conversely an increase or decrease in price can also lead to an increase or decrease in supply. From the aformentioned, one can say, the demand and supply can influence the price of Bitcoin. Can more adoption and engagement influence the price of Bitcoin as st a particular date?
I agree with what you said but you could have made it clear. People are interested in investing in Bitcoin because of its price fluctuations because if they can buy Bitcoin at a low price, they can sell it at a high price and make a good profit. And as the demand for Bitcoin increases in the market, its price also increases because it has a fixed supply and its supply is very low due to which its price automatically increases according to its demand. And seeing these things, more and more people are getting involved in Bitcoin. And in this way, Bitcoin has crossed a big milestone and it is certainly expected that the price of Bitcoin will cross more big milestones in the future.