In 2024, Bitcoin experienced a significant transformation, going from a niche investment to a mainstream asset. Its dollar exchange rate reached the symbolic $100,000 mark, and major financial institutions embraced Bitcoin strategies. The U.S. Securities and Exchange Commission (SEC) approved 11 spot Bitcoin ETFs, marking a shift in the agency's stance and boosting confidence in Bitcoin as a legitimate asset class. Institutional adoption of Bitcoin reached unprecedented levels, with BNY Mellon and BlackRock gaining approval to offer Bitcoin custody services and Bitcoin ETF options, respectively. Visionary corporate leaders, such as MicroStrategy, led the way in expanding their Bitcoin holdings. The election of a pro-Bitcoin president in the U.S. and proposals like creating a Strategic Bitcoin Reserve (SBR) demonstrated growing support for Bitcoin in government. Bitcoin's market capitalization surpassed silver and Saudi Aramco, and with continued institutional adoption, friendly regulators, and public interest, Bitcoin's price appreciation is expected to continue in 2025. However, due to the many variables affecting the price, it is recommended to view Bitcoin as a long-term asset for building generational wealth. Overall, Bitcoin has become a household name and its monetary properties offer resilience and reliability.



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