Bitcoin Could Rise as AI Spending Loses Its Way, Hayes Says
The thesis links AI capital wastage to renewed money creation, making Bitcoin and gold potential beneficiaries if governments choose liquidity over losses.
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The thesis links AI capital wastage to renewed money creation, making Bitcoin and gold potential beneficiaries if governments choose liquidity over losses.
The scale makes the session a clear risk-on signal for capital flows and equity positioning.
The price recovery has outpaced ETF demand, leaving investors profitable again while cumulative inflows remain about 10% below their October 2025 peak.
Single-day buying did not reverse the broader pattern: both ETF groups recorded negative seven-day flows despite fresh inflows.
The record appetite for bond funds is less about chasing yield and more about capital seeking shelter, a defensive rotation that historically precedes softer risk appetite across equities and crypto.
The $5.15M reversal was concentrated in two funds, while weekly and monthly totals remained positive and 16 of the past 18 sessions recorded inflows.
The persistence puts institutional demand back in focus, with a three-day run carrying more weight than a single-session spike.
Spot Bitcoin ETFs have widened access to that return profile, but the same institutional flows that built the bid can reverse sharply when macro pressure rises.
The figure is a direct read on MiCA's first months: regulated venues are now the off-ramp, not the destination, for European crypto capital.
BTC's 3.2% drop came alongside gold and oil giving back hard-asset gains, with Nasdaq up 0.8% the same session, a rotation that veteran hedge-fund manager Philippe Laffont says shows investors now…
Bitcoin staged a relief bounce from lows near $60,000 as options markets unwound fear and taker aggression flipped…
The divergence — risk assets crushed while stablecoin share of the market almost doubles — is the classic late-stage deleveraging signature: capital parked on the sidelines, not destroyed.
The split is the story: traditional equities keep printing records while the total crypto market sits well below its prior peak, signalling capital is still favouring legacy risk assets over digital…
A $1.75T valuation and 18,712 BTC come public just as $240B+ in megacap listings could siphon risk capital from crypto, with a Musk-led Tesla-SpaceX merger adding a wildcard for the largest corporate…
Chinese holdings of US Treasuries have fallen to their lowest point since the 2008 Global Financial Crisis, marking a…
The $75B raise is the headline, but the cross-asset liquidity drain is the actual risk: MSCI already flagged megacap 2026 IPOs as a passive-flow reallocation event, and Bitcoin now sits inside the…
Global equity funds absorbed $48.72B last week while money-market funds shed a record $173.24B the week prior.