Hot money currently appears more interested in AI-linked U.S. stocks than in crypto.
In the latest session, names such as
$MU,
$MRVL and semiconductor ETFs moved far more aggressively than BTC or ETH.
That is notable because crypto is usually viewed as the higher-volatility market.
My interpretation is simple:
Capital is currently choosing the stronger narrative.
Right now, investors seem more willing to pay for:
• AI infrastructure
• Semiconductors
• Data centers
• Memory and networking
This does not mean crypto is dead.
It means attention and speculative capital are temporarily concentrated