Headlines
Bloomberg MarketsHigh Valuations Are Concerning: Robert KindlerBloomberg MarketsThe Gold Bugs Are Already Fighting BackBloomberg MarketsMusalem Says Fed Rate Is Near Neutral, Risks BalancedBloomberg MarketsTraders Pile Into Bearish Yuan Bets to Hedge Downside RisksBloomberg MarketsBDC With 2% Software Exposure Pitches Itself as a ‘Safe Haven’Bloomberg MarketsOaktree Said to Weigh Sale, IPO of £2 Billion UK Wealth Manager UtmostBloomberg MarketsNFL Renewal Worries Spur Double Downgrade of Fox Shares by BofABloomberg MarketsHarvard’s Massive Bet on Land Hits Harsh Real Estate RealityBloomberg MarketsGovernment Bonds’ Shrinking Appeal Has Cost, New York Fed SaysBloomberg MarketsThe Bull Case for Bitcoin Is Hiding in the $1 Trillion WreckageFinancial TimesCME halts trading on metals and natural gas futures marketsBloomberg MarketsMarkets Eye Nvidia Earnings Amid AI, Credit Concerns | Open Interest 2/25/2026Bloomberg MarketsCME Restarts Natural Gas Futures After Glitch Halts TradingFinancial TimesDemocrats probe missing files alleging Trump link to EpsteinFinancial TimesDefence and AI spending sends global debt to record $348tnBloomberg MarketsHigh Valuations Are Concerning: Robert KindlerBloomberg MarketsThe Gold Bugs Are Already Fighting BackBloomberg MarketsMusalem Says Fed Rate Is Near Neutral, Risks BalancedBloomberg MarketsTraders Pile Into Bearish Yuan Bets to Hedge Downside RisksBloomberg MarketsBDC With 2% Software Exposure Pitches Itself as a ‘Safe Haven’Bloomberg MarketsOaktree Said to Weigh Sale, IPO of £2 Billion UK Wealth Manager UtmostBloomberg MarketsNFL Renewal Worries Spur Double Downgrade of Fox Shares by BofABloomberg MarketsHarvard’s Massive Bet on Land Hits Harsh Real Estate RealityBloomberg MarketsGovernment Bonds’ Shrinking Appeal Has Cost, New York Fed SaysBloomberg MarketsThe Bull Case for Bitcoin Is Hiding in the $1 Trillion WreckageFinancial TimesCME halts trading on metals and natural gas futures marketsBloomberg MarketsMarkets Eye Nvidia Earnings Amid AI, Credit Concerns | Open Interest 2/25/2026Bloomberg MarketsCME Restarts Natural Gas Futures After Glitch Halts TradingFinancial TimesDemocrats probe missing files alleging Trump link to EpsteinFinancial TimesDefence and AI spending sends global debt to record $348tn
Home/Bloomberg Markets
Back
MARKETS:
SPY+0.26%
DIA+0.23%
QQQ-0.14%
IWM+0.29%
GLD-0.40%
USO+1.64%
Bloomberg Marketsglobal

The Bull Case for Bitcoin Is Hiding in the $1 Trillion Wreckage

Bloomberg Markets
Wednesday, February 25, 2026 at 6:44 PM
~4 min read

Original Report

Bitcoin has been cut almost in half since its October high. By almost every measure, the selloff is the worst since the collapse of FTX. But there is a puzzle at the center of the wreckage: the...

Bitcoin has been cut almost in half since its October high. By almost every measure, the selloff is the worst since the collapse of FTX. But there is a puzzle at the center of the wreckage: the institutional scaffolding that was built around the coin during the boom hasn’t come down with it.

Glass House Analysis

This story reflects the interconnected nature of modern economic systems, where developments in one sector inevitably affect others. Understanding these connections is essential for grasping how policy decisions and market movements translate into real-world outcomes for families, workers, and communities. The economy is not an abstract system of numbers—it's the sum total of decisions about who works, who prospers, and who struggles.

The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.

Enjoyed this analysis?

Get the Glass House Briefing every morning—market news that actually makes sense, delivered free to your inbox.

No spam. Unsubscribe anytime.

More Stories

Economic Context

S&P 500
+0.26%
Dow Jones
+0.23%
NASDAQ 100
-0.14%
Russell 2000
+0.29%