Why a collapse in $1 trillion AI spending boom could hit Bitcoin traders first

Over the past year, the artificial intelligence trade has become one of the main pillars supporting global risk appetite. However, the Bank for International Settlements (BIS) is now warning that the same spending boom could become a source of financial stress if expected returns fail to arrive. The Basel-based organization, which advises central banks, said The post Why a collapse in $1 trillion AI spending boom could hit Bitcoin traders first appeared first on CryptoSlate.