Crypto loses speculative edge as AI and robotics attract capital: Delphi
Speculative capital is flowing into new emerging tech opportunities, as progress with US crypto regulations continues to stall, limiting investor appetite for digital assets, Delphi Digital said.
Speculative capital is increasingly flowing out of cryptocurrency markets and into other emerging technologies such as artificial intelligence and robotics, according to research company Delphi Digital.
Last year’s underperformance of most altcoin sectors shows that crypto is no longer the “default destination” for speculative capital seeking higher-risk opportunities, wrote Delphi Digital in a Wednesday X post.
The trend illustrates that emerging tech opportunities may continue limiting investment into the wider cryptocurrency space, specifically from risk-hungry investors looking for the sectors with the highest risk-to-return profile.
