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Bitcoin lost 17% of value in a week, wiping out $200 billion in market cap. Maximalists attribute the drop to capital flowing into AI, citing record outflows from U.S. spot bitcoin ETFs and surging AI equities. The asset remains below $60,000, down 27% monthly and over 50% from its Oct. 6 peak. Advocates see the downturn as a potential accumulation zone if network fundamentals hold.
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