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Bitcoin Slump Raises Questions About Crypto's Purpose

Posted

February 9, 2026

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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 Future\Perfect Ventures, discusses opportunities in the sector with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”

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Guests & Subjects Covered

Jalak JobanputraFuturePerfect VenturesCaroline HydeEd LudlowBloomberg TechYouTube WatchSilicon ValleyFollow Caroline Hyde

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Bitcoin Slump Raises Questions About Crypto's Purpose · Bloomberg Technology · Sentinel