Bitcoin has dropped from its record high of $126,000 last fall to just above $60,000, erasing more than $1.2 trillion in market cap in eight months and wiping out all gains made across President Trump s second term.
The reason? The investors are simply chasing more exciting opportunities. Capital is rotating away from crypto as investors favour AI-related stocks and upcoming tech IPOs, with bitcoin ETFs seeing their second-largest three-week outflow streak on record.
