Crypto investors are navigating an uphill battle, but underlying market liquidity remains steady. Even if capital aggressively rotates into cash-generative AI tech, crypto struggles to capture active risk-takers without an immediate spark, while Bitcoin maintains steady baseline support through continued ETF inflows. “The insane amount of money that's pouring into AI, it's really just sucking all the oxygen out of the room... if crypto wants to win the crowd back, it really does need to create its own reason for people to care.” - Kenny Cheung, Prime Sales Trading Manager at Coinbase In case you missed it, listen to the original space here: https://x.com/i/spaces/1jGXggQdqqLKZ?s=20(Deribit)