What Really Backs Bitcoin’s Value? Core Drivers Explained
bitcoin isn’t backed by cash flows or governments, yet it holds value. This article explains the real drivers: scarcity, security, network effects, and market demand that sustain its price.
Capitalizations Index – B ∞/21M
bitcoin isn’t backed by cash flows or governments, yet it holds value. This article explains the real drivers: scarcity, security, network effects, and market demand that sustain its price.
bitcoin’s bull and bear market cycles are driven by scarcity, investor sentiment, and macro trends. Understanding halving events and past cycle behavior helps explain recurring price surges and deep corrections.
bitcoin’s price is shaped by supply limits, investor demand, macroeconomic events, regulation, and market sentiment, rather than intrinsic value or traditional cash flows.
‘HODL’ means holding bitcoin through price swings instead of selling. It reflects a long-term belief in crypto’s value, accepting short-term volatility to pursue potential future gains.