Bitcoin just exposed a terrifying link to the AI bubble that guarantees it crashes first when tech breaks

Oracle lost roughly $80 billion in market value on Dec. 11 when revenue missed expectations, and management hiked AI-related capex from $35 billion to about $50 billion, funded in part with rising ...

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Bitcoin just exposed a terrifying link to the AI bubble that guarantees it crashes first when tech breaks

Source: CryptoSlate

Oracle lost roughly $80 billion in market value on Dec. 11 when revenue missed expectations, and management hiked AI-related capex from $35 billion to about $50 billion, funded in part with rising debt. The stock dropped up to 16%, dragging Nvidia, AMD, and the broader Nasdaq lower. Reports framed the move as fanning “AI bubble” […]