Macro-economist Lyn Alden has suggested that Bitcoin’s significant growth could be influenced by the prices of artificial intelligence (AI) stocks. If AI stock prices rise excessively, investors might shift their capital to other assets, including Bitcoin. Alden made these remarks during a conversation with Natali Brunell on the Coin Stories podcast. She explained that when an asset’s price becomes too high to sustain further gains, investors seek opportunities with better profit potential, and Bitcoin could benefit in such scenarios.
Currently, Bitcoin is trading approximately 46 percent below its record high from October, when its value was around $126,000. In comparison, leading AI sector stocks, particularly Nvidia, have increased by more than 35 percent over the past year. However, Jason Ware, Chief Investment Officer at Albion Financial Group, expressed doubts about whether AI stocks can maintain their current growth rate through 2026. Nvidia is regarded as a key player in the U.S. market with a significant role in advancing AI technologies.
Bitcoin developer Mark Carallo noted that Bitcoin now faces competition for capital from AI in an unprecedented way. Nevertheless, Alden emphasized that Bitcoin does not require massive capital inflows for growth; even a moderate increase in demand can raise its price. Long-term investors provide a strong foundation for Bitcoin, while short-term traders tend to exit the market, contributing to price stability.
At present, Bitcoin’s price is around $67,849, reflecting an approximate 24 percent decline over the past 30 days. Alden believes that a sharp rise in Bitcoin’s price is unlikely in the near term, and the market will likely move gradually, with prices potentially falling another $10,000 to $20,000.
Source: binance
