BIT Mining Economist Youwei Yang Highlights AI Investments Impact on Bitcoin Market Dynamics

The increasing interest in artificial intelligence (AI) investments is impacting the cryptocurrency market, according to a financial expert. BIT Mining’s Chief Economist, Youwei Yang, notes that the market’s enthusiasm for AI news has diminished the appeal of cryptocurrencies. “There is limited hot money in the market, and it’s currently directed towards AI,” said Yang. “Unless

Source: CoinOtag