Bitcoin recorded its worst weekly drop since the 2022 FTX collapse, falling 17% and erasing $390 billion in market value before stabilizing near $61,300. Strike CEO Jack Mallers attributed the price action to a global liquidity shortage, viewing Bitcoin as a key indicator of systemic macroeconomic vulnerabilities. Additionally, Mallers raised concerns regarding the sustainability of MicroStrategy's ongoing stock capital dynamics in the current market environment.
