Bitcoin maxis shrug off crash that erased $200B, blame AI-driven capital rotation
2026-06-06 01:15:45
Bitcoin maximalists said the nearly 17% weekly slide that wiped about $200 billion from bitcoin’s market cap reflects a temporary liquidity crunch as capital rotates into artificial intelligence, not a loss of faith in BTC. According to CoinDesk, Mati Greenspan of Quantum Economics and Strategy (MSTR) Chairman Michael Saylor pointed to U.S. spot bitcoin ETF outflows and heavy AI funding, while Jameson Lopp cited an AI boom in TradFi. Critics also flagged high rates and Strategy’s sale of 32 BTC for $2.5 million to fund STRC dividends; Strike CEO Jack Mallers urged buying the dip.
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