Bitcoin’s star fades as investors flock to lustre of AI and megacap IPOs

NewsFri, 05 Jun 2026 13:04:47 UTC2026-06-05
Bitcoin’s star fades as investors flock to lustre of AI and megacap IPOs
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 listings such as SpaceX lure away capital from the world’s largest cryptocurrency. Its price has tumbled around 15 per cent this week, the most …
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