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221 Bitcoin’s crash to $60,000 has traders hunting for a hidden fund blowup

CoinDesk
Shaurya Malwa @ CoinDesk · 02/06/2026 01:52 EDT

Bitcoin’s crash to $60,000 has traders hunting for a hidden fund blowup

Traders on X are pointing to everything from a Hong Kong fund blowup to yen funding stress and even quantum security fears as bitcoin’s plunge turns into a full-blown narrative vacuum.

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