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‘If the AI Trade Is Over,’ Says Fidelity’s Timmer, but What About Crypto?

‘If the AI Trade Is Over,’ Says Fidelity’s Timmer, but What About Crypto?

The equal-weighted S&P 500 chart suggests a relatively healthier market environment, but as Timmer has mentioned, in a ‘top-heavy market it may not be enough’ to keep carrying the index up.

What about Bitcoin?

Crypto, on the other hand, might benefit from a transitional period on the market, even though it’s not guaranteed by any means, as both risk tolerance and available funds appear to be running dry.

The main barrier between Bitcoin and funds from the AI rotation is, as always, volatility and the safety of the cryptocurrency market. The digital assets industry is not the same as it was in the pre-AI era. More risks have arisen: cybersecurity, concerns about Bitcoin’s quantum resistance and many other factors that can push fresh…

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