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On the last ever episode of REKT Vision, Mando makes a return to speak with Bijan Maleki about the SpaceX IPO, the AI race, Bitcoin bounce, Strategy’s BTC controversy, Hyperliquid, and, of course, the World Cup!
By Amanda Cooper LONDON, June 5 (Reuters) - Bitcoin is heading for its worst performance for this point in the year in at least a decade, as booming AI stocks and a series of glittering upcoming new
Bitcoin, XRP, and other cryptocurrencies were falling again early Friday as digital assets got caught up in the tech selloff, compounding a bad week. Bitcoin the world’s largest crypto, fell as low as $61,300 before climbing back to $62,500–down 1% over the past 24 hours, according to CoinDesk data. The digital asset has slumped 14% this week and is now more than 50% down from its record high of $126,272 reached in October last year.
More diversified companies are expected to adopt Bitcoin as part of treasury diversification and fiat currency hedging strategies, Grayscale’s Head of Research says.