Macro· ★★★· bearish·

Bank of England's Bailey warns of possible correction in AI-linked assets

  • —Bailey said a correction in AI valuations is possible "at some point," without giving a timeline or threshold
  • —The risk would hit equities, credit and infrastructure suppliers such as data centers, chips and power
  • —The BoE sees AI as an analytical tool, not an autonomous decision-maker
  • —The crypto link is indirect: the SEC has already probed an AI-related crypto fraud worth $15.3 million
Why it matters: A correction in AI assets could spill over into AI-linked crypto projects and riskier assets more broadly.
Source: CryptoActu
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