According to PANews, the 17th-century Dutch tulip mania marked the first recorded financial bubble, driven by speculative fervor that led to widespread financial ruin. Initially a symbol of beauty and status, tulips transformed into speculative assets, with prices soaring to the equivalent of an Amsterdam mansion at the peak in 1636. However, the market crashed in February 1637, leaving many bankrupt. Fast forward to today, Bitcoin's value has surged past $120,000, prompting comparisons to the tulip bubble
source: https://www.binance.com/en/square/post/27323712788650?utm_source=BinanceNewsRSS