Bitcoin Humbles Wall Street Faithful After $600 Billion Fall

(Bloomberg) — Bitcoin (BTC-USD) bulls have it all — Wall Street support, political tailwinds, institutional cash. Everything, that is, except a rally. After topping $126,000 in October, bitcoin has fallen sharply, briefly wiping out its 2025 gains before stabilizing on Monday. The sharp retreat from record highs comes in a year that was supposed to cement bitcoin’s legitimacy. Most Read from Bloomberg Wall Street has shown up, exchange-traded funds are bringing crypto into mainstream portfolios and the ...