Since its launch in 2009, Bitcoin has proven its position not only as a store of value but also as a reliable payment system. With nearly perfect uptime of 99.99%, this cryptocurrency is increasingly asserting its role in the global financial system.
Two Rare Incidents in Bitcoin History
1. The 'Value Overflow' incident of 2010:
• On August 15, 2010, a bug allowed the creation of 184,467 trillion BTC illegally in a transaction block.
• In just 5 hours, the development team $BTC released a patch, split the blockchain, and restored order.
2. The incident of 2013:
• A software bug caused the Bitcoin network to split into two separate chains.
• This issue caused Bitcoin's price to drop by 23% but was later resolved by reverting to an older software version.
Since these two incidents, Bitcoin has operated stably, without any major disruptions.
Bitcoin: Payment and Store of Value Platform
In 2024, the Bitcoin network processed $19 trillion in transaction value, showing that this currency is not only a store of value but also a powerful medium of exchange.
Bitcoin Moves Toward $100,000 and Beyond
• The price of Bitcoin just surpassed $102,000 at the beginning of 2025, rising 4.2% in a day and 11% compared to the previous week.
• Researchers predict: If it surpasses the resistance level of $100,000, Bitcoin could continue to grow strongly.
Interest From Institutional Investors
• On January 3, 2025, Bitcoin ETF funds recorded a net inflow of up to $908 million, ranking fifth in history.
• Expert forecast:
• The US market under #TRUMP will drive the expansion of Bitcoin ETF products.
• Major institutions such as pension funds, private banks, and asset management companies will increase capital allocation to Bitcoin.
Sustainable Growth Signals
• The funding rate for Bitcoin futures has decreased from a hot 20% to 10%, indicating market balance and long-term growth potential.
Conclusion
With a stable history, strong interest from institutional investors, and superior trading value, Bitcoin is asserting its position as the world's most reliable currency system. The $100,000 mark is just the beginning of a promising year for this leading cryptocurrency. 🚀