AI vs. Crypto: Equities Cycle Decoupling Frustrates Crypto Bulls
Multiple crypto commentators noted that AI stocks' outperformance has decoupled crypto from traditional macro cycles, with Ansem warning 'AI cooked us' while broader CT debates whether the bull market thesis remains intact.
What we know
An account on X was quoted as saying 'I don't think our macro cycles right now are aligned with the equities macro cycle' and 'AI cooked us. They outperformed us by a lot.' another account on X noted the Fed is essentially blaming AI-driven wealth effects for inflationary consumer spending. Warsh himself told reporters that rates are starting to affect the technology complex, and Goldman is now advising clients to 'rent' the AI rebound rather than own it. Meanwhile another account on X and others use bear-market framing as a contrarian buy signal.
By the Global Eye 24 desk, with AI assistance. Updated as the story develops. Spot an error? Write to corrections@globaleye24.com.