AI bubble poses biggest risk to Bitcoin in 2026, warns Tether CEO
The CEO of Tether has identified a potential AI bubble as the major risk to Bitcoin's price in 2026. He emphasizes that the cryptocurrency market still heavily depends on traditional financial markets, so a downturn in the AI sector could trigger declines for Bitcoin as well.
Source Сointelegraph
He highlights that AI companies are spending excessively on data centers and GPUs, expenditures that may not yield expected returns. If the AI market disappoints in 2026, it could lead to a sharp drop in the US stock market, dragging Bitcoin down in its wake. However, an 80% drop in Bitcoin’s value is not anticipated due to institutional investors making it more resilient.
This outlook underscores the importance of monitoring AI developments and their emerging influence on the cryptocurrency landscape.