TMX Group to Control Merged MEMX-BOX Exchange Powerhouse

Bitcoin

In a market already gripped by extreme fear (Fear & Greed at 11), such statements from respected leaders can amplify risk-off sentiment. While not directly about crypto, the AI-crypto crossover (e.g., decentralized compute, AI tokens) means any perceived overhype in AI can spill over. This fits into a larger pattern where institutional caution and macro headwinds are driving capital away from high-beta sectors.

Box CEO Aaron Levie made a statement about CEOs being prone to AI psychosis.