Crypto Market Capitalization Fell 9.1% as AI Capex Hit $230 Billion

Your call?🐂 Bullish🐻 Bearish

$BTC

$73,988

-0.2%

$ETH

$2,060

-1.5%

U.S. spot Bitcoin funds posted about $516 million in net outflows, while Ether funds posted about $1.6 billion. Five major AI spenders’ third-quarter capex exceeded their $199 billion in operating cash flow.