Analyst Predicts AI Influences Bitcoin Macro Outlook

Greg Cipolaro, research lead at NYDIG, said in a Friday research note that artificial intelligence could act as a general-purpose technology and materially affect Bitcoin through its macroeconomic effects on employment, growth and risk appetite. He argued that scenarios with expanding liquidity and contained real rates would support Bitcoin, whereas stronger growth lifting real yields and tightening policy could create headwinds; labor disruption prompting easier fiscal or monetary policy would likely favor Bitcoin.