Google's AI Boom Helps Send Bitcoin Back to $88,000
Bitcoin climbed to $88,000 on Monday, recovering from a dip to $80,000 last week as investor sentiment warmed alongside a surge in AI enthusiasm centered on Google. The multi-trillion-dollar AI boom has created an unexpected alignment: optimism around large-cap tech and cloud demand appears to be translating into broader risk appetite that benefits crypto prices, even without any direct corporate Bitcoin purchases reported.
The move highlights an increasing correlation between tech-driven rallies and BTC performance, which could accelerate inflows if the trend continues. Traders should watch for follow-through in both equity and crypto markets, as well as any Google announcements that reinforce risk-on positioning. Volatility remains high, so while the rebound is significant, market participants should monitor institutional flows and macro cues to judge whether this lift is sustainable.