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Bitcoin Slump Raises Questions About Crypto’s Purpose

Bitcoin’s price fell below $70,000 on Monday, a slump from a peak of $126,000 last October, as investors grapple with existential questions about what crypto is for. Jalak Jobanputra, founder and managing partner of FuturePerfect Ventures, discusses opportunities in the sector with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe…

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Bitcoin’s price fell below $70,000 on Monday, a slump from a peak of $126,000 last October, as investors grapple with existential questions about what crypto is for. Jalak Jobanputra, founder and managing partner of FuturePerfect Ventures, discusses opportunities in the sector with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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9 Comments

9 Comments

  1. @BullsEye3333

    February 9, 2026 at 2:08 pm

    What is all this bullshit about digital gold? Bitcoin is so much more.
    I’ve been screwed over by banks for decades. High fees, hidden fees, every single penny seized out of my account, chargeback fees, 7 business day hold, banking hours, identity theft, etc. Becoming my own bank with Bitcoin instantly fixed everything.

    • @BernaysPropaganda

      February 9, 2026 at 2:10 pm

      🤣🤣🤣

    • @daShadoSage

      February 9, 2026 at 3:49 pm

      Which bills do you pay with Bitcoin?

  2. @BernaysPropaganda

    February 9, 2026 at 2:11 pm

    “digital gold” 🤡 It’s not even a great currency let alone an “investment”

  3. @4twistedtrays98

    February 9, 2026 at 3:25 pm

    BTC- Brutalized The Children coin. The Pedo dollar.

  4. @Reptile619

    February 9, 2026 at 5:56 pm

    Boomers complaining about Bitcoin shocker

  5. @stephengopaul8090

    February 9, 2026 at 7:48 pm

    Rat poison. Charlie Munger.

    • @Huskylover72

      February 9, 2026 at 8:16 pm

      Warren Buffet…Pet rocks!

  6. @Huskylover72

    February 9, 2026 at 8:15 pm

    He we go again for the 100th time, Bitcoin crashes and its useless then a few years its all time highs and its good tech again

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Bloomberg Technology

Rocket Explosion Deals Blow to Blue Origin’s Space Ambitions

Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the…

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Blue Origin’s New Glenn rocket exploded in a massive fireball while undergoing a test on a Florida launchpad Thursday evening, dealing a major setback to the Jeff Bezos-backed firm in its efforts to challenge a dominant SpaceX. Blue Origin and Amazon founder Jeff Bezos said it was too early to determine the cause of the explosion and described it as “a very rough day” in a post on X. Bloomberg Intelligence analyst Matt Bloxham joined Caroline Hepker to discuss the implications.
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Bloomberg Technology

SpaceX Lowers IPO Valuation Target | Bloomberg Tech 5/29/2026

Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street…

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Bloomberg’s Tim Stenovec breaks down why SpaceX is coming back down to Earth with a slightly lower valuation in its IPO. Plus, Anthropic closes a funding round at a whopping $965 billion valuation, surpassing OpenAI for the first time in the AI race; and Dell surges after the hardware giant’s outlook far surpassed Wall Street estimates.

Chapters:
00:00:00 – Bloomberg Tech Begins
00:01:38 – Benedikt Kammel, Bloomberg News
00:05:05 – Shirin Ghaffary, Bloomberg News
00:07:56 – Silas Brown, Bloomberg News
00:12:05 – David Kennedy, Dell Technologies
00:15:40 – Janet Mui, RBC Brewin Dolphin
00:23:33 – Rebecca Torrence, Bloomberg News
00:26:41 – Matthew Weir, Goldman Sachs
00:33:40 – George Ferguson, Bloomberg Intelligence
00:37:59 – Carolina Parada, Google Deepmind
00:40:40 – Loren Grush, Bloomberg News
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

Anthropic Valuation of $965 Billion Passes OpenAI

Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes…

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Anthropic raised $65 billion in a funding round that valued the AI company at $965 billion including the new investment, eclipsing rival OpenAI’s value for the first time. Bloomberg’s AI reporter Shirin Ghaffary joins Tim Stenovec on “Bloomberg Tech.”
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