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via CryptoSlate · By CryptoSlate Editorial
AI’s $800 billion spending boom is becoming Bitcoin’s Fed problem
BTC
BTC/USDT
$63,053.27
-0.03%
$63,053.27
-0.03%
(24s)24h Volume
$2,467,706,812.03
24h H/L
$63,175.00 / $62,920.00
Change: $255.00 (0.41%)
Long/Short
67.9%
Long: 67.9%Short: 32.1%
Funding Rate
+0.0025%
Longs pay
Data provided by COINOTAG DATALive data
CE
CryptoSlate Editorial(05:05 PM UTC)
1 min read
For the better part of two years, Wall Street has treated AI as the most bullish trade on the board, a growth engine that turbocharges earnings, underwrites stretched valuations, and promises a productivity windfall somewhere down the road.
However, the Fed has access to the same numbers and seems to be more inclined to treat the AI build-out as a fresh source of demand in a market that's still…
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