BTC was supposed to rally as institutions, governments, and fund managers adopted it at record levels this year. What happened?

BTC was supposed to rally as institutions, governments, and fund managers adopted it at record levels this year. What happened?
Strategy’s high-yield dividend stock STRC funds record BTC purchases, sparking major social media controversy and scrutiny from Coffezilla. Source link...
Despite Donald Trump’s embrace of BTC and cryptocurrency, it’s given up all of its gains since his election. Source link...
In the midst of the latest crypto crash, Binance is denying rumors that it’s sending legal letters to silence critics....
One year ago, David Sacks, along with Republican congressmen, said that a market structure bill would pass in 100 days;...