I saw this video where Authur Hayes said bitcoin fall from 50% from all time high because of AI disruption. In short he was talking about AI causing job reduction and which makes bitcoin fall is what I think.
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It is just like when people are linking something wrong to what that caused bitcoin price fall.
To me bitcoin fall because we are in bear market.
He's also the same person who predicted that Bitcoin will reach $250,000, and $10,000 for Ethereum by the end of 2025. The credibility of what he's saying has now decreased, and with regards to this statement by him? He's just making headlines since he's that popular, but intelligent people know that AI isn't the main reason why the price of Bitcoin fell down to where it is right now.
The price of Bitcoin fell because of the sentiment of the investors. Many believe that 2026 is considered the start of the bear market hence, we've seen red candles over red candles in the past 5 months. Does AI became a factor towards the decline? I don't think so that's why I don't see any reason why Hayes is blaming AI for the decline of the price of Bitcoin where in reality, it's the sentiment of the investors that's one of the main reasons.
Bitcoin dropped because the 4-year cycle is still intact. Not because of AI.