PAIN: Bitcoin has lost over $10,000 in a week

Perfect storm

Bitcoin has lost roughly a quarter of its value since October 21, with the latest weekend flush triggering nearly $2 billion in crypto liquidations.

ETF outflows continue, leverage is being flushed out, and buyers have seemingly disappeared. But there's another twist: with Wall Street scrambling for Anthropic IPO allocations, has Bitcoin become the market's favorite ATM?