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Bitcoin's Surge and Evolving Crypto Landscape
This chapter examines Bitcoin's recent rise past the $100,000 mark, exploring its historical context and the regulatory changes that have facilitated increased retail investor access. It highlights key developments in the cryptocurrency world, including the sentencing of industry figures for fraud and the impact of institutional interest fueled by Bitcoin ETFs. Additionally, it discusses the shifting relationship between Donald Trump and the crypto sector, the pro-crypto regulatory environment, and the ongoing volatility and classification dilemmas surrounding cryptocurrencies.