TOKENPOST
1 min read
Add as a preferred source on Google

Hilbert CIO Sees Bitcoin Falling Toward $65,000 if AI Losses Force Selling

Bitcoin traded at $74,190 at 4:11 a.m. ET Tuesday. The CIO gave no timetable for the scenario.

By Enna Lee
Published
Mentioned assets
A brass coin rests below a semiconductor wafer on graphite steps. / TokenPost.ai
A brass coin rests below a semiconductor wafer on graphite steps. / TokenPost.ai

Hilbert's chief investment officer said Bitcoin (BTC) could fall toward $65,000 if losses in AI investments force selling.

Bitcoin traded at $74,190 as of 4:11 a.m. ET (09:11 UTC) Tuesday.

Losses outside crypto could put pressure on Bitcoin. Losses in AI-related investments could force investors to raise cash. They could sell Bitcoin along with other holdings to raise that cash.

The CIO gave no timetable for a move toward $65,000.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…