Bitcoin is Fundamentally Healthier Than Ever, BTC Price Could Follow

Bitcoin is Fundamentally Healthier Than Ever, BTC Price Could Follow

Over the past week, Bitcoin (BTC) has shed 6.5%, falling to $9,500 from its former support of $10,000. Despite this downward price action, the fundamentals of the cryptocurrency continue to swell, pointing towards a potential rebound in the coming weeks and months. According to data from CoinMetrics, Bitcoin remains strong as a network – price aside.