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Experts Say AI, Tech Selloff Boosts Crypto

Defiance Capital CEO Arthur Cheong predicted that a recent U.S. tech and AI stock selloff would help crypto over the next six months, despite a security incident at Binance. He said money leaving tech could move into crypto as investors familiar with digital assets return. That shift is a forecast, not a reported flow of funds.

Bitmex co-founder Arthur Hayes separately predicted that U.S. support for AI companies would add liquidity to crypto markets. Binance’s initial investigation points to a possible employee laptop compromise behind an incident with an estimated $6.3 billion impact.

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