Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream.
Crypto Bloomberg Jun 2, 2026
Bitcoin’s Inflation-Hedging Promise in Tatters After 36% Plunge
Bitcoin has fallen 36% over the past year and slipped below $70,000 this week, extending a retreat that is undermining several of the arguments that helped carry the cryptocurrency into the financial mainstream.
