Cryptocurrencies price prediction: Cryptos, AI & Bitcoin – American Wrap 03 February
|Crypto winter began in January 2025, but end is near: Bitwise
The crypto market has been in a "full-blown" winter season since January 2025, following a 39% and 53% drop in Bitcoin (BTC) and Ethereum (ETH) prices from their all-time highs over the past few months, according to Bitwise Chief Investment Officer Matt Hougan.
Global AI market could soar to $376 billion in 2026 as crypto AI falls behind
The Artificial Intelligence (AI) market has emerged as one of the fastest-growing technology sectors worldwide, driven by high demand for computer hardware, cloud infrastructure and business adoption.
Bitcoin recovers higher as metals stabilise and Palantir calms AI worries
Bitcoin has rebounded from yesterday’s 74.5k low, trading over 4% higher at around 78k at the time of writing. The recovery comes as risk sentiment improves following a rebound in precious metals and stronger-than-expected earnings from AI-focused firms. Accumulation by Strategy alongside renewed ETF inflows has also helped lift prices.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.