The World Economic Forum (WEF) has issued a warning that the rapid increase in investments in artificial intelligence and the cryptocurrency market may be creating potentially dangerous market bubbles. Experts suggest that if the AI bubble bursts, Bitcoin prices could fall to between $60,000 and $75,000. Tether CEO Paolo Ardoino noted that such a collapse could negatively impact both stock and crypto markets.
With AI spending reaching unprecedented levels, there is growing concern that a market bust could severely affect the crypto sector, particularly as the fear and greed index indicates high speculative activity. A burst could undermine trust and restrict funding, exacerbating downturns in these volatile markets.
WEF Warns AI and Crypto Investments Could Trigger Market Bubbles
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