Arthur Hayes, the co-founder of crypto derivatives exchange BitMEX, is predicting a major correction in the artificial intelligence sector. He believes that downturn could clear the path for Bitcoin's next bull market.
Hayes' AI warning
Hayes made the prediction this week. He didn't offer a specific timeline, but his outlook is clear: the AI sector is due for a shakeout. The warning comes as AI-related stocks and projects have drawn enormous investment over the past year. Hayes sees that frenzy as unsustainable.
The Bitcoin connection
Hayes thinks the AI correction could pave the way for Bitcoin's next bull market. The logic, as he sees it, is that capital flowing out of overvalued AI plays might find its way into crypto. Bitcoin, as the largest digital asset, would be a natural beneficiary. Hayes didn't elaborate on the mechanism, but the implication is a rotation of speculative money.
No timeline, no details
Hayes hasn't said when the correction might hit. Nor has he detailed how deep it could be. For now, his prediction adds another voice to the debate over where the next wave of crypto demand will come from. It's a contrarian take in a market where AI and crypto often compete for attention.
