Aug 19, 2026 4:12 PM
Bitcoin is currently trapped in a clear bear phase because Artificial Intelligence is cannibalizing the market. The AI boom is sucking capital away from crypto into tech stocks, while miners are abandoning Bitcoin to chase AI workloads. Even with a 55% price drop, this is considered a "mild" correction, but the path to $100,000 will be a slow, painful grind as Bitcoin loses its momentum to the AI revolution. Is Bitcoin losing its crown as the top tech investment to AI?
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