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Bitcoin Suffers Attention Deficit as Traders Shift to AI

Bitcoin is reportedly experiencing an 'attention' deficit as momentum traders have moved their focus to the artificial intelligence (AI) sector, with one analyst noting that the 'AI trade is sucking the blood out of crypto'.

5 Jun, 21:58 — 5 Jun, 21:58
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marketwatchMostly Factual3h ago

Bitcoin is suffering from an ‘attention’ deficit, as momentum traders have moved on

“The AI trade is sucking the blood out of crypto,” one analyst notes.

By Frances Yue

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