Bitcoin - Analysis

Bitcoin is the world's first and best-known cryptocurrency. It has existed since 2009 as a decentralized, forgery-proof payment system that operates without a central authority and functions solely on the basis of cryptographic rules. With a strictly limited supply of 21 million units, BTC is considered by many investors to be "digital gold" and has evolved in recent years from a niche project to a global store of value. Institutional players, including large asset managers and exchange-traded ETFs, have significantly strengthened its perception as an asset class. At the same time, high volatility, regulatory uncertainty, and technological competition mean that Bitcoin remains an asset with a double-edged profile. How crisis-proof is Bitcoin really in the face of growing regulation and institutional adoption?…