Bull Case for Bitcoin Is Hiding in the $1 Trillion Wreckage

Bloomberg · Feb 25, 2026 · Collected from RSS

Summary

Bitcoin has been cut almost in half since its October high. By almost every measure, the selloff is the worst since the collapse of FTX. But there is a puzzle at the center of the wreckage: the institutional scaffolding that was built around the coin during the boom hasn’t come down with it.

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Bull Case for Bitcoin Is Hiding in the $1 Trillion Wreckage

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Shares in Qantas Airways Ltd. dropped the most in almost four months after earnings from its international unit unexpectedly fell and the company flagged rising costs from wages and aircraft maintenance.

Bloombergabout 1 hour ago
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