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904 Bitcoin layer-2s face a bear-market reality check

CoinDesk
Jamie Crawley @ CoinDesk · 06/17/2026 15:17 EDT

Bitcoin layer-2s face a bear-market reality check

Botanix's shutdown has raised an uncomfortable question for Bitcoin builders: Does the market actually want programmable BTC, or just a better way to borrow, lend and earn yield on it?

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