BlackRock flags new driver for gold's biggest rival

Jun 23, 2026 12:55 PMPublished Jun 23, 2026 12:55 PM

The AI boom is officially sucking the oxygen out of the room, leaving Bitcoin and gold in the dust as investors abandon "digital gold" for chipmakers. Bitcoin is currently on track for one of its worst yearly starts in over a decade because it simply can't compete with the AI trade. Its only hope for a revival is a massive U.S. debt crisis or fiscal collapse to scare people back into crypto. Has AI permanently replaced Bitcoin as the top alternative investment? What’s your take?
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U.S. debt held by the public has climbed to $31.6 trillion, roughly matching the size of the nation's economy.

www.thestreet.comBlackRock flags new driver for gold's biggest rivalU.S. debt held by the public has climbed to $31.6 trillion, roughly matching the size of the nation's economy.

AI •Elections •Gold •National Debt •Markets

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