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Bitcoin breaks through $94,000: New opportunities in encryption and AI amid global economic slowdown
Crypto Market and AI Development: From Global Economy to Technological Innovation
In the context of the rapid development of encryption and AI technologies, some important trends are quietly taking shape. Recently, the global economy is facing pressures of slowing growth, and the IMF has lowered its global economic growth forecast for 2025 to 2.8%, the lowest since the pandemic. The U.S. tariffs on China and the risks of disruptions in global trade chains have become major sources of pressure.
Meanwhile, the U.S. economic policy uncertainty index has risen to a 40-year high, and gold futures prices have broken through $3,500 per ounce for the first time. However, Bitcoin has risen 10% against the trend, reaching a high of $94,000, showcasing its potential as a safe-haven asset.
In terms of Sino-U.S. trade relations, both sides have shown subtle changes in attitude. The U.S. side has indicated that it may lower tariffs on certain goods, but emphasized that it will not completely eliminate them. Analysts believe that China has long had contingency plans in place, including measures such as restricting the export of key rare earths and shifting production bases.
In the crypto market, the US spot Bitcoin ETF recorded significant inflows this week, pushing the Bitcoin price above $93,000 and its market capitalization exceeding Google for the first time. Major cryptocurrencies like Ethereum and Solana also rose accordingly. Notably, Hong Kong has approved the world's first Ethereum ETF that supports staking, marking a significant advancement in local crypto financial innovation.
An impressive $3.6 billion Bitcoin acquisition plan was also launched this week, which will hold approximately 42,000 Bitcoins, making it the third largest Bitcoin reserve institution in the world. This reflects the growing confidence of institutional investors in Bitcoin as a hedge tool.
In terms of regulation, the new chairman of the SEC, Paul Atkins, is known for supporting financial innovation. Currently, there are 72 crypto-related ETFs awaiting approval, covering various digital assets.
In the field of artificial intelligence, China is accelerating the application of AI in daily life. A special marathon was held in Beijing, where 20 humanoid robots participated alongside human athletes. At the Shanghai Auto Show, BMW announced a partnership with the Chinese AI company DeepSeek to implement its AI system in new car models.
As institutional funds continue to flow into the crypto market, industry confidence is recovering. In the future, more crypto projects may explore decentralized LLM and AI tools, driving industry innovation. At the same time, regions like Dubai are actively promoting the on-chain of real estate assets, demonstrating the broad application prospects of blockchain technology.