Hot money rotation accelerates: from Bitcoin to gold, then to AI and storage semiconductors
ME News report, May 28 (UTC+8). As momentum in Bitcoin and gold trading cools, investor capital is quickly rotating into AI infrastructure and storage, along with semiconductor-related stocks. Data shows that market attention and capital flows have clearly shifted from cryptocurrencies to high-growth technology sectors. Bitcoin, which began from a low of about $15,000 in November 2022, reached a peak of around $126,000 in October 2025, for a cumulative gain of over 650%. Gold then followed: after breaking above $2,000 per ounce in early 2024, it climbed to a high of $5,200 per ounce in February 2026, and has since retreated to below $4,400. NVIDIA (NVDA), an AI leader, has also seen a pullback after a short-term peak; its price is currently slightly above the average level over the past six months.
