“The integration of AI in crypto markets could undermine traditional trading wisdom, argues blockchain consultant Sheraz Ahmed. AI trading bots are transforming profit realizations while drawing scepticism about their current capabilities. However, the potential of AI outperforming human traders and changing the mechanisms of trading seems indefeasible.”
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Bitcoin Rises Above $27,000: Debt Ceiling Talks to Determine Safe-Haven Status
Bitcoin climbs above $27,000, with a 1.6% increase in 24 hours, while Ether experiences a 1% rise. The upcoming debt ceiling talks may shed light on investors’ perception of bitcoin as a safe haven amidst regulatory uncertainties. However, concerns about low crypto market liquidity persist.