The exchange-traded funds, public-company treasuries, and Bitcoin-linked equities that helped define the market’s institutional era are showing signs of strain, just as the world’s largest digital asset struggles to hold above $60,000, one of its most closely watched price levels.
This persistent drawdown has prompted a broader reevaluation of the cryptocurrency’s role in institutional portfolios, raising questions about whether the current environment reflects a temporary profit-taking exercise or a structural retreat from digital assets.
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