This paper explores the integration, impact, and future trends of Bitcoin within the modern financial system. By analyzing the emergence of Bitcoin, its role in financial markets, the challenges it poses to traditional financial logic, and changes in investors' asset allocation strategies, the paper uncovers the profound influence Bitcoin, as an emerging investment asset, has had on the global financial market landscape. It also presents outlooks for the further integration of cryptocurrencie...

This paper explores the integration, impact, and future trends of Bitcoin within the modern financial system. By analyzing the emergence of Bitcoin, its role in financial markets, the challenges it poses to traditional financial logic, and changes in investors' asset allocation strategies, the paper uncovers the profound influence Bitcoin, as an emerging investment asset, has had on the global financial market landscape. It also presents outlooks for the further integration of cryptocurrencie...