Arthur Hayes, CIO of crypto-focused Maelstrom Fund, predicts that the bursting of the artificial intelligence bubble will trigger a government bailout that will boost Bitcoin. Companies in the sector like Anthropic, OpenAI and SpaceX, largely funded by the U.S. government, generate no profits. U.S. fiscal debt currently stands at $40.3 trillion. Bitcoin showed resilience by holding the $80,000 level despite a 2x-5x decline in AI and tech-related stocks. The correlation between BTC and 10-year bond yields hit a record 0.6 in 2026, with both rising 30% and 10% respectively over two months. U.S. spot Bitcoin ETFs saw outflows of $228 million this week.
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