SmokeBot PRO SmokeBot PRO

All news

Bitcoin Loses Ground to Stocks as Traders Chase AI Instead

11.11.2026 · Cryptonews

Bitcoin Loses Ground to Stocks as Traders Chase AI Instead

Bitcoin is clearly trailing the stock market. While the Nasdaq 100 jumped 3.4 % in a single session, the leading cryptocurrency barely moved and then weakened further the next day. Year-to-date it is down roughly 16 %, compared with a 10 % gain for the S&P 500.


Market participants point to several factors. Stronger returns from other assets, recent large-scale liquidations, and the Binance hack have cooled demand. At the same time, speculative flows are shifting toward artificial-intelligence plays and smaller-capitalization stocks rather than leaving the risk arena altogether.


Observers say Bitcoin is no longer the default high-risk bet. Noel Acheson notes rising competition from AI projects, while Paul Howard of Wincent highlights how institutional hedging tools are damping price swings. Against this backdrop, analysts at FxPro and Wintermute flag the possibility of another leg lower, potentially toward $68 000.


Based on information from cryptonews.net

Other news