The Bitcoin market and cryptocurrency industry has been on the receiving end in 2022 following the Terra Luna and FTX fallout.
While the global cryptocurrency market cap today is $846 Billion, Bitcoin’s dominance stands at approximately 38.4 percent.
Bitcoin supply held by retail traders has surged to 17 percent, approximately 3.57 million, in 2022 according to on-chain research firm Glassnode. The figure indicates a rising number of individual users worldwide despite the underlying BTC value trading 75 percent below the ATH. According to our latest crypto price oracles, Bitcoin price is exchanging at about $16,874 on Wednesday.
Nonetheless, Will Clemente, co-founder of ReflexivityRes, thinks the Bitcoin market is trending in the right direction. 
The percentage of Bitcoin supply held by retail has soared to 17% this year.
Not perfect yet, but solid for a 12-year-old asset and definitely trending in the right direction.
Bitcoin’s supply disperses over time, while Fiat’s holder base

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