Crypto

China’s AI Bubble Bursts but Bitcoin Holds Steady

Guavy AI Editorial Team Published October 28, 2026

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China’s AI stock bubble has burst, wiping out $480 billion in market value as the STAR50 index dropped 40% from its July peak. The crash, which took four months to unfold, was driven by a mix of extreme valuations, retail-driven speculation, and regulatory tightening. Unlike past market crashes…

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