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BlackRock Executive Explains AI’s Role in Bitcoin’s 53% Drop
Key Takeaways


Bitcoin fell 53% from its October peak.
AI diverted attention from Bitcoin and gold.
Mitchnick shared a market view, not forecast.
Debt, deficits and rates may shape demand.
Bitcoin needs buyers despite AI’s market lead.


In a June… Read full article
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Bitcoin has ‘largely purged’ froth that preceded 50% drop from $126K: BlackRock
Bitcoin maintained its appeal as a diversification investment despite dropping more than 50% from all-time high, a BlackRock report stated. Read full article
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Blackrock Believes Bitcoin’s Investment Case Holds Despite 50% Drop
Blackrock says bitcoin’s more than 50% pullback from its October 2025 high hasn’t changed the asset’s long-term investment case, and the firm still recommends a 1-2% portfolio allocation funded out of equities. Blackrock’s Case for Staying the Course In a… Read full article
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Blackrock, Fidelity Drive $297.5M Bitcoin ETF Rebound
Bitcoin exchange-traded funds (ETFs) opened the week with $297.56 million in net inflows, ending the three-session outflow run that closed the previous week. Ether funds also returned to positive territory with $30.85 million, while XRP, solana and HYPE ETFs recorded… Read full article
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Top Gainer24h
Nexus
$1720330
731634000000.00
Top Looser24h
Soarcoin
$0.344
-24.43
Crypto Glossary
Hardware wallet
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Market order / market buy / market sell
Another popular order used by crypto traders ... market order means a direc…
Ether (ETH)
This is the native cryptocurrency of the Ethereum blockchain, also used to…
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