BitMEX co-founder Arthur Hayes doubled down on Bitcoin's foundational role in crypto at the CONNECT: Seoul conference, stating the asset "created long lasting value" and forms "the bedrock of our entire ecosystem."
Bitcoin commands 60 percent of total crypto market capitalization and remains the entry point for institutional and retail portfolios seeking crypto exposure. Over the past decade, BTC has delivered a 22,800 percent return—crushing Ethereum's 16,200 percent and XRP's 5,500 percent over the same period.
On-chain data underscores utility beyond store-of-value narratives: $3.6 trillion in value moved across the Bitcoin blockchain in 2025 alone. That volume signals sustained demand for settlement speed and network security that competitors have yet to replicate.
Institutional adoption is accelerating. Wall Street banks are launching new Bitcoin investment products while financial institutions formally recognize BTC as an asset class. U.S. government crypto legislation continues tilting pro-Bitcoin, broadening regulatory legitimacy.
The Crypto Fear & Greed Index currently sits at 71, signaling Greed sentiment among traders and investors. Despite a 40 percent decline since October, Bitcoin's decadelong trajectory keeps long-term holders positioned for further appreciation. Some crypto insiders project Bitcoin could reach $1 million by 2030.
