Bitcoin's recent divergence from the Nasdaq index has raised concerns about a potential AI-driven credit crisis. According to Bitalk News, Arthur Hayes suggests that this separation indicates an impending tightening of U.S. dollar credit. While Bitcoin has declined since its peak in October 2025, the Nasdaq remains stable, reflecting the employment impacts of AI advancements. Hayes predicts significant loan losses for U.S. banks due to AI, though the timeline is debated by experts.
Market participants believe Bitcoin's sensitivity to liquidity changes could signal a reassessment of the monetary system's stability. The possibility of large-scale money printing might drive Bitcoin to new highs.