"Risk-off spreads amid AI sector concerns… Bitcoin to face short-term pressure for the time being"

Recent adjustments in risk assets, including Bitcoin (BTC), have been attributed to growing concerns about the artificial intelligence (AI) sector.

On the 15th (local time), Cointelegraph said, "Recent adjustments in risk assets such as Bitcoin stem from concerns about artificial intelligence (AI)," and added, "AI was a key sector driving this year's stock market rally, but some investors are questioning whether corporate earnings may have been excessively inflated."

The outlet also analyzed, "At the same time, U.S. Bitcoin (BTC) spot exchange-traded funds (ETFs) saw net outflows of $1.15 billion over the past two days, further weakening investor sentiment. Although this is less than 1% of total assets under management, it acted as a short-term burden."

However, there is also analysis that fear in the options market is relatively limited. Deribit's 30-day Bitcoin delta skew was 10% as of the 14th, almost unchanged from the previous week. While it exceeds the neutral line of 6%, it is considerably lower than last month's 16% peak, so relative to the decline the options market is judged to be relatively resilient.

Cointelegraph forecasted, "Until a clear signal on the economic direction emerges, investors are likely to continue increasing cash allocations and reducing exposure to risk assets," and added, "Therefore, Bitcoin prices could continue to face downward pressure for the time being."