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Bitcoin falls toward $60K amid fears of major buyer collapse and looming AI-driven market crash.

Market News
19 Jun 2026, 15:20 WIB
Forbes
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Bearish
Bitcoin falls toward $60K amid fears of major buyer collapse and looming AI-driven market crash.

Bitcoin's price has dropped sharply toward $60,000 as a major buyer's preferred stock faces collapse, stirring market fears. This downturn coincides with a surge in AI investments, which some experts warn could trigger a financial crisis bigger than 2008, potentially leading to massive money printing by central banks. Influential trader Arthur Hayes predicts this AI 'credit event' will eventually drive Bitcoin to $1 million. Meanwhile, the Federal Reserve has kept interest rates steady amid persistent inflation and strong job growth, signaling no immediate rate cuts.

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