Bitcoin, the world’s most significant digital asset, has witnessed a sharp fall in price, declining below the $90,000 threshold. Threatening Tech Stocks, concerns are on the rise about an Artificial Intelligence (AI) bubble burst. Industry experts have hinted that the surge in AI valuations, reminiscent of the 2000 dotcom bubble, and the likelihood of it bursting, have lead to worry among investors, affecting the stocks’ performance. The evident relationship between tech stocks and Bitcoin price trends is also another factor to consider, as it suggests that a major tech stock market sell-off could further catalyze Bitcoinâs downtrend. nnIt is crucial for stakeholders, investors, and others involved to monitor these fluctuations, ensuring they protect their assets. As always, Bitcoin remains unpredictable, urging individuals to exercise caution while participating in its trade. Read More
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