The AI bubble hits semiconductors first
The Nasdaq tumbled 5.5% in a single week. CoreWeave bond yields hit 15%, its stock halved from its peak, and Cathie Wood is still piling in. Oil is heading toward $110 a barrel, and the 10-year Treasury yield is at 5.097%—the tap on risk assets is being cranked shut with a groan.
The AI narrative has shifted from a computing-power story to a financing-cost test. In a high-interest-rate environment, valuations propped up by leverage are starting to show their true colors. Crypto and the Nasdaq are tied to the same risk appetite, so short-term rallies will be sold into. Altcoins riding the AI theme are even more vulnerable. Don’t rush to catch a falling knife in tokens built around the computing-power narrative.
Cathie Wood is buying the CoreWeave dip. Do you think she’s a visionary or just holding the bag? If you’re still holding AI-themed coins, share your cost basis and let’s see who’s swimming naked.
$BTC $ETH $TAO
The Nasdaq tumbled 5.5% in a single week. CoreWeave bond yields hit 15%, its stock halved from its peak, and Cathie Wood is still piling in. Oil is heading toward $110 a barrel, and the 10-year Treasury yield is at 5.097%—the tap on risk assets is being cranked shut with a groan.
The AI narrative has shifted from a computing-power story to a financing-cost test. In a high-interest-rate environment, valuations propped up by leverage are starting to show their true colors. Crypto and the Nasdaq are tied to the same risk appetite, so short-term rallies will be sold into. Altcoins riding the AI theme are even more vulnerable. Don’t rush to catch a falling knife in tokens built around the computing-power narrative.
Cathie Wood is buying the CoreWeave dip. Do you think she’s a visionary or just holding the bag? If you’re still holding AI-themed coins, share your cost basis and let’s see who’s swimming naked.
$BTC $ETH $TAO