Bitcoin institutional demand lags – Can adoption sustain BTC’s recovery?
In 2024, the network activity moved in tandem with the price action as Bitcoin [BTC] moved toward the $100,000 zone. However, in 2025, this relationship began to diverge when the network activity plummeted rapidly. The divergence suggests Bitcoin adoption continues strengthening beneath the surface, even as investors remain cautious about the price outlook. Recently, however, the trend has reversed.