#比特币价格走势 Recently, many people have been discussing the issue of Bitcoin dropping from $120,000. In fact, this is a sign of industry maturity. The market that was once driven by retail investor sentiment is a thing of the past. Currently, the market is dominated by institutional funds behind ETFs, with an average holding cost of around $79,000. This means Bitcoin is evolving into a high-volatility institutional asset, combining the inflation resistance of gold with fluctuations driven by macro liquidity.

This is actually good news! The Federal Reserve is expected to continue easing in 2026, with GDP growth forecasts raised to 2.2%-2.5%, which is definitely a positive for risk assets. More importantly, we see that the issuance of stablecoins has exceeded $300 billion. The US Stablecoin Bill and the CLARITY Bill have been enacted successively, establishing a formal regulatory framework. Hong Kong has also introduced a stablecoin issuer regulation system, and HashKey successfully IPOed on the Hong Kong Stock Exchange—these are milestones marking the crypto industry's move toward compliance and institutionalization.

The future of Bitcoin is not about skyrocketing prices, but about it becoming an increasingly important part of the global financial system. When street vendors in the Philippines use USDT for remittances faster than banks, and citizens in high-inflation countries use USDC for hedging, you can feel this technology quietly changing the real world. The crypto industry has moved out of its internal cycle of self-satisfaction; the real revolution has just begun. Stay optimistic about the long-term trend. Bubbles and volatility are necessary steps on our journey toward the on-chain Wall Street era.