Glassnode: Bitcoin’s Upward Trend Remains Unchanged Despite Significant Gains in the Previous Two Cycles

Glassnode posted on X, stating that although Bitcoin's market capitalization has seen significant growth compared to the previous two cycles, the current cycle's development trend has not changed due to the increase in market cap and continues to follow the growth trajectory of the past two cycles. Data shows that from 2015 to 2018, Bitcoin rose by 1,076%; from 2018 to 2022, it increased by 1,007%; and from 2022 to the present, it has grown by 656%. This trend indicates that market demand growth is keeping pace with Bitcoin's maturation, which is also a sign that investors remain optimistic about Bitcoin.