Along with the increasing number of new adoptions, the price of bitcoin continues to increase in price. However, actually the rise and fall of the bitcoin price is influenced by many factors. one of them is because investors' worries and fears about the financial sector such as monetary policy, tightening regulations, and anxiety about banking have made the momentum for bitcoin and other cryptocurrencies to rise.
In general, the factors that cause the price of bitcoin to fluctuate are generally known, but as the bitcoin economy grows and adoption, the price may become more stable (lower volatility).
Until now bitcoin is in demand by large investors and retail traders to make profit, while its adoption as a currency or means of payment is still too low compared to investment and trade. It will take a long time for bitcoin to become more stable, and perhaps when adoption reaches the global stage then things like this will be possible.
