PrimeXBT: AI is setting the mood for markets, and crypto is following
So far this year, Bitcoin and the Nasdaq have been performing quite differently. Tech stocks kept setting records on the back of the AI mania, while the primary cryptocurrency was struggling in a full-blown bear market. The same driving force underpinned both trends: Artificial Intelligence. It directed capital allocation and now appears to be shaping […]
Story summary
So far this year, Bitcoin and the Nasdaq have been performing quite differently. Tech stocks kept setting records on the back of the AI mania, while the primary cryptocurrency was struggling in a full-blown bear market. The same driving force underpinned both trends: Artificial Intelligence. It directed capital allocation and now appears to be shaping […]
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