Investors move Bitcoin money to AI
Last Updated on 10 June 2026 by CryptoTips.eu
The crypto market is going through a deep slump. Since the record high of $126,000 last autumn, the value of bitcoin has fallen to just over $60,000. This was accompanied by several major selling waves, just as most stock markets continued to rise. Analysts claim that investors have moved their speculative money from crypto to AI.
S&P500
While Bitcoin has already fallen by more than 30% this year, it actually dropped 6% since Trump took office for his second term. That is remarkable because the president presented himself as a true crypto fan. Through his company World Liberty Financial and his memecoin Trump, the Trump family raised billions in investments from foreign governments.
Meanwhile, US stock markets such as the S&P 500 recovered from an initial dip caused by the Iran war and has reached a series of record highs. The price of gold remained virtually stable over the last few months after the record year 2025, but has risen by 60% ever since Trump came to power.
Rumours claim that Bitcoin has still not recovered since the flash crash on October 10th 2025, which caused billions of dollars in liquidations. At the time, Trump claimed he would start a new trade war with China, and Bitcoin immediately dipped by 10%. Ever since that crash, Bitcoin has not recovered, while other assets such as stocks and gold have performed far better.
AI
Finally, investor enthusiasm for AI has increased sharply in recent weeks, diverting attention from digital currencies, analysts say.
The excitement surrounding mega-IPOs such as SpaceX, Elon Musk’s rocket and satellite company which also has an AI division, could temporarily displace the hype around crypto. Anthropic and OpenAI are also preparing for an IPO.
At this moment, Bitcoin remains in the doldrums.
