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Bitcoin Faces Selling Pressure as Miners Pivot Capital and Power to AI

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The Story

News Summary

  • Peter Schiff warns AI threatens Bitcoin by diverting speculative capital, electricity, and data-center capacity.
  • Bitcoin miners are increasingly reallocating power toward AI infrastructure and selling BTC reserves to fund the transition, generating persistent structural selling pressure in the market.
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78227.13 +18.74% over the displayed period

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