Though the bitcoin price is bringing the overall sentiment down, many exciting things are happening in Bitcoin that will make this price drop temporary.
Hester Peirce, a commissioner with the SEC, published comments on the failings of the SEC to properly deliver ETPs based on bitcoin and other cryptocurrencies.
One-third of Americans could own bitcoin by the end of 2022. The U.S. government will want to appease this voting bloc with favorable policies toward bitcoin.