The era when Bitcoin was viewed as an unpredictable asset has ended. The presence of major corporations has changed trading dynamics and perceptions of cryptocurrency.
The Taming of Volatility
The Bitcoin market has ceased to be as volatile. Its prices now trend towards stability, allowing for viewing Bitcoin as a strategic asset, comparable to gold and bonds. Large companies have accumulated significant volumes of Bitcoin, which has significantly reduced volatility.
Wall Street's Financial Tools
Companies now have access to a variety of financial instruments, such as ETFs and futures, allowing investors, previously uninterested in Bitcoin, to participate in this market. These instruments provide a more predictable environment, deepening liquidity in the market.
The Impact of Politics on Cryptocurrency
Political changes in the US have created a foundation for integrating cryptocurrencies into traditional finance. Government orders support exploration of stablecoins and recognition of digital assets in various financial instruments. These steps strengthen confidence among companies and Wall Street alike.
The impact of Wall Street on the Bitcoin market is evident. This asset, originally a protest against traditional financial institutions, has now become an integral part of them.