Crypto Markets Rebound as AI Trade Loses Steam
Crypto markets showed signs of life this week as institutional investors fueled the longest streak of inflows into US spot Bitcoin exchange-traded funds since April.
The SOX Index, a benchmark for AI chipmakers, has slipped into a technical bear market after falling 20% from its recent high, but remains well above year-ago levels.
Analysts believe the shift could mark the beginning of a broader rotation back into digital assets, citing improving regulatory clarity and easing enthusiasm for AI as key drivers.