Bitcoin hits 20-month low as market sentiment sours

1vuio0pswjnm7 30 points 6 comments June 25, 2026
www.ft.com · View on Hacker News

Discussion Highlights (3 comments)

phendrenad2

I wonder how much of this is investment flowing out of everything and into factories and mining other industries that the current regime is de-regulating.

iamleppert

Outflows into AI. I wouldn’t be shocked if it goes down to $20k soon.

Newlaptop

I've been surprised that the news that Strategy (formerly Microstrategy) bought 3x the total amount of mined bitcoin in the past year didn't cause bigger waves. A single corporation is issuing debt at 11% interest to buy all the bitcoin being produced and a huge chunk of the additional sales. That's such an obviously precarious situation that I figured the news would cause a crash as people tried to get out of bitcoin before Strategy has to start liquidating, but it looks like there's still some runway left.

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