Bitcoin Drops Below $90K | AI Profit Fears Shake Markets | OpenAI Previews New AI Devices
Bitcoin slips under $90,000 as markets react to rising concerns over AI profitability and slowing earnings from major tech firms. In today’s BlockHash Morning Brief, we break down why risk appetite is shifting, how AI spending forecasts are impacting both equities and crypto, and what traders should watch as volatility increases.
We also cover the launch of a new Prediction Markets Coalition—featuring Kalshi, Crypto.com, Coinbase, Robinhood, and Underdog—aimed at creating a unified regulatory framework for event markets in the U.S. This could become one of the biggest new frontiers in fintech…
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