SpaceX IPO Driving Capital Rotation From Crypto Into AI, Solana Foundation President Says
Solana (CRYPTO: SOL) Foundation President Lily Liu noted that the recent weakness in Bitcoin (CRYPTO: BTC) is being driven less by crypto-specific problems and more by capital rotating into AI and other high-growth opportunities.
Capital Rotation Behind Price Downfall
Liu argued on CNBC on Wednesday that over Bitcoin’s 17-year history, it has risen from mere cents to tens of thousands of dollars, reaching as high as $120,000 during the latest cycle.
“Over the long term, it is doing fine,” Liu said.
According to Liu, the primary reason behind disappointing price action is a shift in capital toward other speculative growth opportunities.
She pointed to the digital asset treasury boom that fueled crypto markets between June and September 2025 as a major source of liquidity.
Following such a …
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