{"id":8919,"date":"2026-05-07T16:46:44","date_gmt":"2026-05-07T16:46:44","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=8919"},"modified":"2026-05-07T16:46:44","modified_gmt":"2026-05-07T16:46:44","slug":"the-ai-boom-looks-like-dot-com-mania-but-bitcoin-bulls-have-one-profitable-reason-to-keep-buying","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=8919","title":{"rendered":"The AI boom looks like dot-com mania, but Bitcoin bulls have one profitable reason to keep buying"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"magazine-post-box__preferred-source\">  <span class=\"cs-preferred-google-badge__text\">Make<\/span> <span class=\"cs-preferred-google-badge__brand\" aria-hidden=\"true\"> <img class=\"cs-preferred-google-badge__brand-mark\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/cryptoslate-icon.jpg\" alt=\"\" width=\"16\" height=\"16\" decoding=\"async\"\/><img class=\"lazyload cs-preferred-google-badge__brand-mark\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/cryptoslate-icon.jpg\" alt=\"\" width=\"16\" height=\"16\" decoding=\"async\"\/> <span class=\"cs-preferred-google-badge__brand-name\">CryptoSlate<\/span> <\/span> <span class=\"cs-preferred-google-badge__text\">preferred on<\/span> <img class=\"cs-preferred-google-badge__google-wordmark\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/google-logo.svg\" alt=\"\" width=\"48\" height=\"16\" decoding=\"async\" aria-hidden=\"true\"\/><img loading=\"lazy\" class=\"lazyload cs-preferred-google-badge__google-wordmark\" src=\"https:\/\/cryptoslate.com\/wp-content\/themes\/cryptoslate-2020\/images\/google-logo.svg\" alt=\"\" width=\"48\" height=\"16\" decoding=\"async\" aria-hidden=\"true\"\/> <\/div>\n<p>Bitcoin\u2019s macro setup is increasingly tied to the same forces driving the S&amp;P 500 to new highs: liquidity, concentration, rate expectations, and investor tolerance for stretched valuations.<\/p>\n<p>The current S&amp;P 500 structure shows an index still moving in a powerful long-term uptrend, with price near 7,365 on the weekly chart, while valuation indicators sit in historically elevated territory.<\/p>\n<p>That combination creates a constructive backdrop for Bitcoin in the near term, with a clear condition attached.<\/p>\n<p>BTC benefits while the equity trend remains intact.<\/p>\n<p>Fragility rises if expensive equities begin to roll over under the weight of rates, earnings pressure, or volatility.<\/p>\n<p>The current market regime is best understood through the three layers of the S&amp;P 500 chart below.<\/p>\n<figure id=\"attachment_535094\" aria-describedby=\"caption-attachment-535094\" style=\"width: 1528px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-535094\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19.png\" alt=\"S&amp;P 500 performance since 2019\" width=\"1528\" height=\"1109\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19.png 1528w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19-300x218.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19-1024x743.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19-768x557.png 768w\" sizes=\"(max-width: 1528px) 100vw, 1528px\"\/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-535094\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19.png\" alt=\"S&amp;P 500 performance since 2019\" width=\"1528\" height=\"1109\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19.png 1528w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19-300x218.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19-1024x743.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.57.19-768x557.png 768w\" data-sizes=\"(max-width: 1528px) 100vw, 1528px\"\/><figcaption id=\"caption-attachment-535094\" class=\"wp-caption-text\">S&amp;P 500 performance since 2019<\/figcaption><\/figure>\n<p>The first layer is price.<\/p>\n<p>The index remains in a secular advance, with higher highs and higher lows surviving the dot-com crash, the global financial crisis, the COVID shock, the 2022 tightening cycle, and the latest phase of AI-led equity concentration.<\/p>\n<p>The second layer is the equity risk premium-style signal, shown by the SPX ECY reading near 0.70.<\/p>\n<p>That level suggests investors are accepting less compensation for holding equities relative to the rate environment.<\/p>\n<p>The third layer is valuation.<\/p>\n<p>The normalized CAPE Z-score analyzer shows a CAPE reading around 38.34 and a Z-score near 2.26, placing the market in a zone the chart labels as highly overvalued.<\/p>\n<p>Independent CAPE datasets, including the Shiller PE ratio, show the same broad context: U.S. equities are expensive compared with long-run history.<\/p>\n<p>For Bitcoin, the conclusion is direct.<\/p>\n<p>The current equity setup remains supportive for high-beta assets as long as investors keep treating expensive valuations as a feature of a durable growth regime.<\/p>\n<p>BTC sits further out on the risk curve than the S&amp;P 500 and Nasdaq.<\/p>\n<p>When macro confidence expands, Bitcoin usually receives the amplified version of that capital flow.<\/p>\n<p>When macro confidence contracts, Bitcoin usually absorbs the amplified version of the drawdown.<\/p>\n<h2>Equity valuations are stretched while the trend still supports Bitcoin\u2019s risk appetite<\/h2>\n<p>The S&amp;P 500 chart shows a market that has become expensive while maintaining trend control.<\/p>\n<p>That distinction is central for Bitcoin.<\/p>\n<figure id=\"attachment_535093\" aria-describedby=\"caption-attachment-535093\" style=\"width: 1527px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-535093\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39.png\" alt=\"S&amp;P 500 performance since 1979\" width=\"1527\" height=\"1106\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39.png 1527w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39-300x217.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39-1024x742.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39-768x556.png 768w\" sizes=\"(max-width: 1527px) 100vw, 1527px\"\/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-535093\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39.png\" alt=\"S&amp;P 500 performance since 1979\" width=\"1527\" height=\"1106\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39.png 1527w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39-300x217.png 300w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39-1024x742.png 1024w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/Screenshot-2026-05-07-at-11.56.39-768x556.png 768w\" data-sizes=\"(max-width: 1527px) 100vw, 1527px\"\/><figcaption id=\"caption-attachment-535093\" class=\"wp-caption-text\">S&amp;P 500 performance since 1979<\/figcaption><\/figure>\n<p>Expensive markets can keep rising for long periods when earnings, liquidity, and narrative strength remain aligned.<\/p>\n<p>The late 1990s showed how far a technology-led cycle can run before valuation discipline returns.<\/p>\n<p>The 2020 and 2021 cycles showed how far risk assets can move when liquidity expansion, falling real yields, and speculative capital combine.<\/p>\n<p>The 2022 cycle showed the other side of the framework, when higher rates compress duration assets and expose crowded positioning.<\/p>\n<p>The current setup borrows from all three periods.<\/p>\n<p>As in the dot-com era, leadership is concentrated around a transformational technology theme. I even highlighted the comparison and potential red flag in a recent article.<\/p>\n<div class=\"cs-article-embed\">\n<div class=\"cs-article-embed__media\"> <img loading=\"lazy\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/minerbtc-1024x576.jpeg\" alt=\"AI stock concentration flashes dot-com warning as Bitcoin miners\u2019 pivot faces test\" loading=\"lazy\" decoding=\"async\"\/><img loading=\"lazy\" class=\"lazyload\" width=\"1024\" height=\"576\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/04\/minerbtc-1024x576.jpeg\" alt=\"AI stock concentration flashes dot-com warning as Bitcoin miners\u2019 pivot faces test\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">AI stock concentration flashes dot-com warning as Bitcoin miners\u2019 pivot faces test<\/h3>\n<p>AI exposure has become a balance-sheet test for miners that sold investors on HPC growth before Bitcoin gets any relief.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Apr 29, 2026<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Liam &#8216;Akiba&#8217; Wright<\/span><\/p>\n<\/div><\/div>\n<p>In the late 1990s, the internet provided the dominant justification for higher multiples.<\/p>\n<p>Today, AI plays that role.<\/p>\n<p>The index has become increasingly dependent on a small group of mega-cap technology companies, with the so-called Magnificent Seven accounting for a large share of S&amp;P 500 performance and index weight.<\/p>\n<p>That concentration gives the index strong upside when leadership works.<\/p>\n<p>It also narrows the margin for error if leadership weakens.<\/p>\n<p>However, today\u2019s leaders have large revenue bases, high margins, and significant free cash flow, which gives the current equity cycle a stronger earnings foundation than the speculative internet bubble.<\/p>\n<p>Even so, the operational market signal is still late-cycle in character.<\/p>\n<p>The S&amp;P 500 is rising while valuation support is thin, risk premium compensation is compressed, and the index is leaning heavily on the market\u2019s confidence in future productivity gains.<\/p>\n<p>Bitcoin tends to perform well in precisely that kind of environment.<\/p>\n<p>When equity investors accept valuation stretch in exchange for future growth, crypto investors often move even further along the same curve.<\/p>\n<p>That is why the current S&amp;P 500 setup is constructive for BTC rather than immediately bearish.<\/p>\n<p>The chart shows a market priced for execution.<\/p>\n<p>Bitcoin thrives when execution risk is underpriced, liquidity remains available, and investors believe the next phase of growth will justify today\u2019s valuation premium.<\/p>\n<p>In that regime, BTC behaves less like a defensive hedge and more like a high-beta expression of macro confidence.<\/p>\n<p>The near-term implication is therefore positive.<\/p>\n<p>If the S&amp;P 500 continues to hold its weekly trend, volatility remains contained, and AI-led earnings expectations continue to attract institutional capital, Bitcoin should remain supported.<\/p>\n<p>A rising equity market at elevated valuations can still pull BTC higher because allocators become more willing to pursue convexity.<\/p>\n<p>Bitcoin\u2019s upside in that setting can exceed the equity move because it has a smaller capital base, stronger reflexivity, and a more direct link to liquidity expectations.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-535100\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/btcdotcom.jpeg\" alt=\"Market dot-com bubble comparison \" width=\"1086\" height=\"1448\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/btcdotcom.jpeg 1086w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/btcdotcom-225x300.jpeg 225w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/btcdotcom-768x1024.jpeg 768w\" sizes=\"(max-width: 1086px) 100vw, 1086px\"\/><img loading=\"lazy\" decoding=\"async\" class=\"lazyload aligncenter size-full wp-image-535100\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/btcdotcom.jpeg\" alt=\"Market dot-com bubble comparison \" width=\"1086\" height=\"1448\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/btcdotcom.jpeg 1086w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/btcdotcom-225x300.jpeg 225w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/05\/btcdotcom-768x1024.jpeg 768w\" data-sizes=\"(max-width: 1086px) 100vw, 1086px\"\/><\/p>\n<h2>Bitcoin now trades through the same liquidity channel as high-beta technology<\/h2>\n<p>Bitcoin\u2019s sensitivity to equities has changed over time.<\/p>\n<p>Earlier cycles were more isolated, driven by halving narratives, offshore leverage, crypto-native liquidity, exchange flows, and retail speculation.<\/p>\n<p>Those forces still exist, but the institutional market structure is larger now.<\/p>\n<p>The approval of spot Bitcoin exchange-traded products in January 2024 by the SEC changed the access layer.<\/p>\n<p>BTC became easier to hold inside conventional portfolios, easier to model as a macro allocation, and easier to trade as part of a broader risk basket.<\/p>\n<p>That shift has two consequences.<\/p>\n<p>First, Bitcoin has a stronger structural demand channel than in prior cycles because ETF access brings a deeper pool of potential buyers.<\/p>\n<p>Second, Bitcoin is more exposed to the same macro variables that drive institutional portfolios.<\/p>\n<p>The same investors who use the S&amp;P 500, Nasdaq, gold, Treasury futures, and volatility products to express macro views can now use spot Bitcoin ETFs in the same allocation stack.<\/p>\n<p>That makes BTC more liquid, more legitimate, and more tied to cross-asset conditions.<\/p>\n<p>The S&amp;P 500 valuation signal therefore becomes relevant for Bitcoin because it shows where risk appetite sits in the broader portfolio system.<\/p>\n<p>A CAPE reading near 38 and a Z-score above 2 place equities in rare valuation territory.<\/p>\n<p>That does not trigger an automatic sell signal.<\/p>\n<p>It reduces the market\u2019s tolerance for disappointment.<\/p>\n<p>At these levels, investors need earnings to validate price, rates to avoid renewed pressure, and liquidity to remain available.<\/p>\n<p>Bitcoin benefits if those conditions hold.<\/p>\n<p>Vulnerability rises if one of those supports weakens.<\/p>\n<p>The rate channel is especially important.<\/p>\n<p>Bitcoin performs best when real yields fall, liquidity expands, and the opportunity cost of holding non-yielding assets declines.<\/p>\n<p>The Federal Reserve\u2019s target-rate framework, visible through data series such as the Federal Funds Target Range, remains a central input for every duration-sensitive asset.<\/p>\n<p>When markets expect easier policy, BTC often rallies before the easing arrives.<\/p>\n<p>When policy stays restrictive for longer, speculative assets lose some of their valuation support.<\/p>\n<p>The current equity chart shows that risk assets have been able to climb despite a higher-rate regime.<\/p>\n<div id=\"cs-inline-newsletter-69fcbf443647b\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" 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No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>That is an important signal.<\/p>\n<p>It suggests investors are treating earnings strength, AI-related capital expenditure, and future productivity as strong enough to offset the drag from rates.<\/p>\n<p>Bitcoin interprets that environment as permissive.<\/p>\n<p>BTC does not need zero rates to rise if capital is still flowing into high-conviction growth themes and if institutional investors continue looking for assets with asymmetric upside.<\/p>\n<h2>ETF access strengthens Bitcoin\u2019s upside while tying it more tightly to macro stress<\/h2>\n<p>BTC can remain constructive even with stretched equities because the market is no longer in the pure 2020 and 2021 liquidity regime, when stimulus and ultra-low rates overwhelmed almost every other input.<\/p>\n<p>The current setup is more selective.<\/p>\n<p>Capital is rewarding assets that sit at the intersection of scarcity, technology, liquidity, and institutional adoption.<\/p>\n<p>Bitcoin qualifies for that framework.<\/p>\n<p>Its risk is that the same institutional adoption making it more credible also makes it easier to sell when portfolio managers reduce risk across the board.<\/p>\n<p>The chart\u2019s historical markers provide a useful framework for Bitcoin.<\/p>\n<p>The dot-com period shows how technology narratives can push valuations far beyond conventional comfort levels before the cycle exhausts itself.<\/p>\n<p>The 2008 financial crisis shows how valuation and leverage can become dangerous when the underlying financial system breaks.<\/p>\n<p>The 2020 and 2021 periods show how liquidity can send Bitcoin dramatically higher when risk appetite broadens.<\/p>\n<p>The 2022 inflation shock shows how quickly BTC can reprice when rates rise, liquidity tightens, and investors stop paying premium multiples for long-duration assets.<\/p>\n<p>The current environment is closest to a blend of dot-com concentration, post-COVID risk appetite, and post-2022 rate discipline.<\/p>\n<p>That blend is unusual.<\/p>\n<p>Equities are expensive, but the index is still advancing.<\/p>\n<p>Rates remain higher than the zero-rate era, but investors are still willing to buy growth.<\/p>\n<p>AI has replaced emergency liquidity as the primary justification for elevated valuations.<\/p>\n<p>Bitcoin has replaced purely retail-driven speculation with a more institutional demand channel.<\/p>\n<p>That points to a constructive Bitcoin outlook while the S&amp;P 500 trend remains intact.<\/p>\n<p>If equities continue rising, BTC likely attracts capital for three reasons.<\/p>\n<ol>\n<li>Investors become more comfortable moving outward on the risk curve.<\/li>\n<li>Bitcoin offers a more convex expression of liquidity confidence than large-cap equities.<\/li>\n<li>The structural ETF channel allows institutional flows to reach BTC without the operational friction that defined earlier cycles.<\/li>\n<\/ol>\n<p>The most important market signal is whether the S&amp;P 500 remains expensive and trending, or expensive and failing.<\/p>\n<p>The first condition supports Bitcoin.<\/p>\n<p>The second condition threatens it.<\/p>\n<p>A weekly SPX trend that keeps pushing into highs signals that investors are still willing to absorb valuation risk.<\/p>\n<p>A failed breakout, narrowing breadth, rising volatility, and weakness in AI leadership would change the signal.<\/p>\n<p>Bitcoin would then be less likely to trade as digital gold and more likely to trade as liquid high beta.<\/p>\n<h2>Bitcoin remains constructive while equity momentum holds<\/h2>\n<p>That behavior has precedent.<\/p>\n<p>In March 2020, BTC sold off during the liquidity shock before later becoming one of the strongest beneficiaries of the policy response.<\/p>\n<p>In 2022, Bitcoin declined sharply as the inflation shock and Fed tightening cycle compressed speculative assets.<\/p>\n<p>In late 2020 and early 2021, BTC outperformed equities as liquidity expansion pushed capital into the most reflexive assets.<\/p>\n<p>These episodes show that Bitcoin\u2019s long-term scarcity narrative can coexist with short-term macro liquidation.<\/p>\n<p>In stress, liquidity comes first.<\/p>\n<p>For now, the chart favors continuation rather than immediate defensive positioning.<\/p>\n<p>The S&amp;P 500\u2019s price structure remains bullish.<\/p>\n<p>Valuations are extended, but extension alone rarely ends a cycle.<\/p>\n<p>The market needs a catalyst that turns stretched valuation into active repricing.<\/p>\n<p>That catalyst could come from earnings disappointment, renewed inflation pressure, a higher-for-longer Fed path, credit stress, or an unwind in mega-cap AI leadership.<\/p>\n<p>Until that catalyst appears, Bitcoin has room to keep benefiting from the same macro confidence lifting equities.<\/p>\n<p>The practical signal is that BTC remains in a favorable but fragile regime.<\/p>\n<p>The bullish case is strongest while SPX holds trend, volatility stays contained, and liquidity expectations remain stable or improve.<\/p>\n<p>In that environment, Bitcoin can outperform because it sits at the high-beta end of the same risk spectrum.<\/p>\n<p>The risk case begins when the S&amp;P 500 stops treating high valuations as sustainable and starts repricing them as a vulnerability.<\/p>\n<p>Until then, the equity chart points to continued appetite for risk, and Bitcoin is one of the clearest beneficiaries of that appetite.<\/p>\n<\/div>\n<p>Adoption,AI,Analysis,Enterprise,Featured,Market,TradFi,Trading#boom #dotcom #mania #Bitcoin #bulls #profitable #reason #buying1778172404<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Make CryptoSlate preferred on Bitcoin\u2019s macro setup is increasingly tied to the same forces driving the S&amp;P 500 to new highs: liquidity, concentration, rate expectations, and investor tolerance for stretched valuations. The current S&amp;P 500 structure shows an index still moving in a powerful long-term uptrend, with price near 7,365 on the weekly chart, while<\/p>\n","protected":false},"author":1,"featured_media":8920,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[91,223,2723,501,4285,1218,4395,1335],"class_list":{"0":"post-8919","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-ethereum","8":"tag-bitcoin","9":"tag-boom","10":"tag-bulls","11":"tag-buying","12":"tag-dotcom","13":"tag-mania","14":"tag-profitable","15":"tag-reason"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The AI boom looks like dot-com mania, but Bitcoin bulls have one profitable reason to keep buying - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Bitcoin\u2019s setup remains constructive while S&amp;P 500 momentum holds, but stretched valuations leave BTC exposed to macro stress.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=8919\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The AI boom looks like dot-com mania, but Bitcoin bulls have one profitable reason to keep buying\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s setup remains constructive while S&amp;P 500 momentum holds, but stretched valuations leave BTC exposed to macro stress.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=8919\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-07T16:46:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/bitcoin-dot-com-bubble_.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8919\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=8919\",\"name\":\"The AI boom looks like dot-com mania, but Bitcoin bulls have one profitable reason to keep buying - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8919#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8919#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/bitcoin-dot-com-bubble_.jpg\",\"datePublished\":\"2026-05-07T16:46:44+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Bitcoin\u2019s setup remains constructive while S&amp;P 500 momentum holds, but stretched valuations leave BTC exposed to macro stress.\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8919#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=8919\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8919#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/bitcoin-dot-com-bubble_.jpg\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/05\/bitcoin-dot-com-bubble_.jpg\",\"width\":1280,\"height\":720},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=8919#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The AI boom looks like dot-com mania, but Bitcoin bulls have one profitable reason to keep buying\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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