The trajectory of Bitcoin over the past decade highlights a remarkable evolution, from its criminal use and skepticism in its early days to today, where mainstream acceptance has surged. The Chicago Mercantile Exchange's launch of Bitcoin futures in 2017 symbolized a pivotal moment for institutional interest and legitimacy in the cryptocurrency space, encouraging new investment amidst concerns over volatility and regulation.
Despite critical warnings, the belief in Bitcoin and its potential has grown: after its peak at $69,000 in 2021, it faced significant setbacks including the crash of FTX, yet it has rebounded with increasing institutional investment and interest, even drawing attention from political figures like Donald Trump, who promises a more favorable regulatory environment.
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