Bitcoin Price Drop Linked to AI Rotation and Leverage Shedding, BlackRock Says
BlackRock has attributed a significant portion of bitcoin's recent price drop to investor rotation into artificial intelligence (AI) stocks and the shedding of accumulated leverage.
The asset manager notes that the AI Thematic category saw inflows of more than $46 billion from October 2025 to July 2026, compared to around $10 billion in the preceding period.
This rotation is seen as a key factor in bitcoin's price correction, which saw the cryptocurrency drop by roughly half from its all-time high in October 2025.