Bitcoin Crash to $67,400 as Google and Berkshire Team Up for Massive $80B AI Fund
Bitcoin fell 5.6% to $67,400 as a massive $80B AI capital raise backed by Berkshire Hathaway triggered an institutional capital rotation out of crypto.
Institutional Capital Rotates Out of Crypto Into Artificial Intelligence
$Bitcoin experienced a sharp 5.6% decline, dropping to the $67,400 mark following major corporate developments in the tech and traditional finance sectors. The market sell-off aligns with a massive capital allocation shift after Google launched an $80 billion artificial intelligence (AI) capital raise.
The initiative is notably backed by Warren Buffett's Berkshire Hathaway. This collaboration marks one of the largest institutional capital rotations from digital assets into AI infrastructure in recent financial history. Asset managers and corporate treasuries are rebalancing portfolios to fund these high-conviction AI initiatives, pulling liquidity directly out of the cryptocurrency ecosystem.
Crypto Treasury Inflows Collapse by 95% in May
The pressure on digital asset prices follows a broader liquidity drought that intensified over the last month. Data reveals that crypto treasury inflows collapsed by 95% throughout May, recording their lowest operational levels since 2024.
This drastic slowdown in capital entering crypto funds signaled an early warning of the institutional pivot. The sudden emergence of the mega-cap Google-Berkshire fund has accelerated this trend, leaving Bitcoin to test key support levels as buy-side pressure from corporate treasuries temporarily dries up.
Latest Cryptocurrency Prices
- Bitcoin ($BTC): $67,400 (-5.6%)
- Ethereum ($ETH): $1,920 (-3.2%)
- Solana ($SOL): $76.50 (-4.8%)
- $XRP: $1.23 (-4.7%)
