The post BlackRock Digital Head Says AI Is Taking Capital Away From Bitcoin appeared first on Coinpedia Fintech News
BlackRock’s global head of digital assets, Robbie Mitchnick, said the artificial intelligence boom has become so dominant that it is pulling capital away from Bitcoin, gold, and other alternative assets. However, he believes increasing the U.S. debt burden could soon bring investors back to Bitcoin. AI Has Become Wall Street’s Favorite Trade Speaking in a …