In this episode of Coin Street headlines, we dive into the latest developments in the cryptocurrency market as bitcoin experiences a significant slide, falling below $92,000. We also discuss the impact on fintech stocks, including Coinbase and Robinhood, which have seen notable declines. With a staggering $600 billion wiped from the market since October, we examine the theories behind this sell-off, including the four-year halving cycle and concerns over AI-related overspending. Additionally, we highlight the recent $835 million purchase of nearly 8,200 Bitcoin by the company behind the largest bitcoin treasury, signaling a renewed interest in the cryptocurrency. Finally, we cover the largest weekly outflows from crypto investment products since February, totaling $2 billion, and what this means for the future of crypto. Jane King with the latest from the NYSE.
