Golden Finance reported that Tether CEO Paolo Ardoino shared his views on Bitcoin and the broader crypto industry on Thursday during a podcast hosted jointly by Bitfinex Securities and Blockstream (Bitcoin Capital). Ardoino stated that he believes Bitcoin "is still highly correlated with capital markets," and therefore may be affected by the AI bubble—an assumed stock market bubble that is gradually forming against the backdrop of the current AI craze. "This is what is known as the AI bubble; people are concerned that AI companies are over-investing in AI infrastructure and data centers, trying to build power scales in the trillions of watts, and deploying GPUs on a massive scale," Ardoino said. Ardoino predicts that if market sentiment towards AI changes in 2026, the resulting turmoil in the U.S. stock market could impact Bitcoin prices. Aside from risks related to the AI bubble, Ardoino believes that due to increasing adoption of Bitcoin by pension funds and governments, the overall performance of Bitcoin in 2026 will not face other major risks.

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