Curve Founder: Cryptocurrency and AI are not competing technologies; both are foundational technologies.

Curve Founder: Cryptocurrency and AI are not competing technologies; both are foundational technologies.
On June 5th, Curve founder Michael Egorov stated that there is currently a lot of pessimistic commentary about Bitcoin and the crypto market, because crypto assets are temporarily no longer the market's preferred direction, with AI stocks becoming the main trend.
Cryptocurrency is not a "toy"; it is serving a real purpose—providing each user with self-sovereignty and an always-online, never-stopping financial track.
Next, we need to watch three things: whether relevant funds continue to flow in, whether on-chain trading volume and holdings keep expanding, and whether project teams or regulators provide new confirmation information.
A single news flash can only indicate that sentiment has been ignited; subsequent data will determine whether it can solidify into a trend.
Risks should also be on the table: institutions are adopting infrastructure without cumbersome intermediaries, so fundamentally, the crypto industry is in a better state than ever before.
Egorov also stated that AI is a foundational technology, but it will also go through its own "Valley of Death."
$crv #btc # On-chain data #ai # Regulation