Bitcoin Humbles Wall Street Faithful After $600 Billion Fall
- Bitcoin bulls have it all — Wall Street support, political tailwinds, institutional cash. Everything, that is, except a rally. After topping $126,000 in October, Bitcoin has fallen sharply, briefly...
By Bloomberg Markets · Bloomberg Markets
- Bitcoin bulls have it all — Wall Street support, political tailwinds, institutional cash. Everything, that is, except a rally. After topping $126,000 in October, Bitcoin has fallen sharply, briefly wiping out its 2025 gains before stabilizing on Monday. The sharp retreat from record highs comes in a year that was supposed to cement Bitcoin’s legitimacy. Bloomberg's Mike McGlone discusses with Paul Sweeney and Scarlet Fu. (Source: Bloomberg)