Analysis: "The spread of AI automation is hurting software companies...and putting pressure on the cryptocurrency market."

BeInCrypto analyzed that the spread of AI automation could be threatening the sales of software companies, driving down their stock prices, and exerting selling pressure on the cryptocurrency market, which is highly correlated with the market. The media outlet explained, "The influx of funds into the AI market, such as Antropic's $30 billion investment, is emerging as a risk for the cryptocurrency market. If funds are concentrated in the AI sector and capital conditions for software companies tighten, related companies could reduce lending and increase asset sales. This situation could also impact the liquidity of risky assets overall, including cryptocurrencies. There are concerns that the liquidity pressure caused by the synchronization with the U.S. stock market and the contraction of private credit could have a negative impact on Bitcoin."