How are global adoption trends, such as price premiums in South Korea and integration into real estate, shaping Bitcoin’s market growth?
Correct Answer
Regions like South Korea often trade Bitcoin at a premium due to high local demand and regulatory frameworks, while real estate transactions accepting Bitcoin foster practical use cases. These developments expand Bitcoin’s user base, increase liquidity, and support price growth.
Why is this the correct answer?
This is correct because when a country’s demand outpaces local supply, prices rise above global averages. Additionally, real estate deals in Bitcoin demonstrate growing trust in its utility beyond trading. Beginners should note that broader adoption in daily transactions and regional demand disparities can both drive market expansion.