Financial Times Column Calling Bitcoin Worthless Triggers Industry Pushback
A sharply critical opinion column by Jemima Kelly in the Financial Times, titled "Bitcoin is still about $70,000 too high," argued that Bitcoin is ultimately headed to zero, shortly after the asset fell toward $60K and then traded around $70K. Many cryptocurrency investors treated the article as a contrarian signal and used it as a cue to buy the dip, openly mocking the publication's stance and questioning its relevance. Community comments suggested that such mainstream declarations that Bitcoin is "dead" are being interpreted by some as a bullish indicator rather than a warning.