Bitcoin has traditionally been seen as a stable and reliable asset, attracting investors who appreciate its predictability.
However, the landscape for Bitcoin is changing, with Wall Street introducing financial instruments like ETFs and options. This has led to increased institutional interest in Bitcoin, with record inflows of investment.
The recent political landscape, including the election of Donald Trump, has also influenced Bitcoin's trajectory. As Bitcoin approaches the $100,000 mark, the market is experiencing heightened volatility.
The emergence of Bitcoin derivatives trading on traditional financial platforms is a significant development for the cryptocurrency. This transition enhances the legitimacy of Bitcoin and opens up new arbitrage opportunities.
Overall, Bitcoin is solidifying its position as a key player in the financial landscape.