AI frenzy losing steam leaves bitcoin less volatile than South Korean stocks
South Korea's Kospi index has become significantly more volatile than Bitcoin due to the cooling of the AI investment frenzy. Data shows that options markets now view the stock index as twice as risky as the leading cryptocurrency.
Why it matters
This shift challenges the perception of crypto as the most volatile asset class and highlights the risks associated with AI-driven stock market bubbles.
While geopolitical tensions are pressuring bitcoin BTC $ 63,269.14 and the broader crypto market, a compelling data point has surfaced, highlighting the side effects of this year's AI frenzy.
Uses market data and financial analysis to compare asset classes.
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