AI and Crypto Markets Show Optimism Amid Economic Developments

According to Foresight News, Yi Lihua, founder of Liquid Capital (formerly LD Capital), expressed optimism on social media following the release of Nvidia's financial report and Google's Gemini3. He noted that the short-term risks in the U.S. stock market and AI bubble have been alleviated. Yi remains positive about potential economic easing starting in December, coupled with ongoing favorable developments in the cryptocurrency sector. Central banks in countries like the Czech Republic and Luxembourg have begun purchasing cryptocurrencies, while Japan's Financial Services Agency has reduced the cryptocurrency tax rate from 50% to 20%. Yi predicts that Bitcoin could reach one million dollars within the next five years, driven by the expansion of stablecoins and large-scale deployment of financial applications. He advises maintaining an optimistic outlook during challenging times and emphasizes the importance of risk management in spot trading strategies, suggesting that greater challenges often lead to higher rewards.