Crypto Becomes Financial Infrastructure

From Asset Class to Financial Rails

Where this chapter sits on the curve

BTC month-end close · log scale · data from Bitstamp, cross-checked against Binance BTCUSDT over 109 months (max deviation 1.8%) · as of 2026-08-27

Figures are month-end closes, so the peaks here sit below the intraday highs — 2017 reads $13,880, not the 19,800 usually quoted.