Bitcoin Adoption and Offline Storage on the Rise Despite Weak Market Conditions (Santiment)

The crypto research firm Santiment has identified network data indicating that Bitcoin adoption is rising despite the market’s weakened state. Santiment’s findings revealed that not only is Bitcoin adoption rising, but cold storage is increasing as well. Investors are increasingly sending their bitcoins (BTC) to offline storage platforms, a pattern usually seen among users who intend to hold for the long term. …