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March 7th #CryptoHistory丨Bull and Bear Paths, Witnessing History
2025
Trump hosts the first "Crypto Summit" at the White House. He officially announces the end of the "Operation Chokepoint 2.0" targeting the crypto industry and signs an executive order to establish the U.S. Strategic Bitcoin Reserve. Although BTC pulled back to $84,900 on the same day due to profit-taking, the industry position has undergone a permanent class leap.
2024
BTC stabilizes above $67,000, and BlackRock's iBit holdings surpass 160,000 BTC. The siphoning effect of institutional funds has made the market realize that this is no longer a zero-sum game for retail investors but a reallocation of global liquidity. ETH is approximately $3,800 at this time.
2021
Visa announces the use of stablecoins for settlement on the Ethereum network. This marks the official capitulation of traditional payment giants to blockchain infrastructure. At that time, BTC was about $49,000, and the market was feverishly debating whether the "institutional bull" would last forever.
2014
Satoshi Nakamoto's "final reply" still lingers in the air. Just the day before, he had denied being Dorian Nakamoto. Bitcoin was in the depths of winter after the Mt.Gox collapse, with the price dropping below $600, and many predicted it would go to zero.