Bitcoin 'canary in the coal mine' for AI bubble nerves, says crypto exchange director | The Business
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YouTubeABC News (Australia)
Bitcoin 'canary in the coal mine' for AI bubble nerves, says crypto exchange director | The Business
Nerves about the AI boom turning to bust have traders cashing out of risk assets like Bitcoin. The cryptocurrency was included on the New York Stock Exchange via exchange traded funds last year. Selling out of Bitcoin ETFs has been a major force in driving down the price. The 11 spot Bitcoin ETFs saw combined outflows of around $US35 billion ...
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