*Bitcoin’s Breakout At Davos: Global Elites Reckon With Crypto Revolution*
At the 2025 World Economic Forum in Davos, Bitcoin took center stage as global leaders and financial elites acknowledged its growing influence in the financial sector. The cryptocurrency's recent surge past $100,000, bolstered by President-elect Donald Trump's pro-crypto stance and BlackRock's endorsement of a 2% portfolio allocation to Bitcoin, has shifted perceptions among traditional financial institutions. Discussions at Davos highlighted the need for regulatory frameworks to manage Bitcoin's integration into the global economy, reflecting its transition from a niche asset to a mainstream financial instrument.
