Bitcoin (BTC) bear markets come in many shapes and sizes, but this one has given many reason to panic.
BTC has been described as facing “a bear of historic proportions” in 2022, but just one year ago, a similar feeling of doom swept crypto markets as Bitcoin saw a 50% drawdown in weeks.
Beyond price, however, 2022 on-chain data looks wildly different. Cointelegraph takes a look at three key metrics demonstrating how this Bitcoin bear market is not like the last.
Hash rate
Everyone remembers the…
Source link
