Bitcoin Crash to $67,400 as Google and Berkshire Team Up for Massive $80B AI Fund

2 days ago 4

Rommie Analytics

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.

BTCUSD_2026-06-02_20-08-39.pngBitcoin Price Crash in USD over the past week

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.

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