Overview
- Oracle’s Dec. 11 revenue miss and a lift in AI capex plans to about $50 billion, funded with more debt, wiped roughly $80 billion off its value as Bitcoin slipped below $90,000 before later reclaiming $92,000.
- A three‑month Bitcoin–Nvidia correlation near 0.96 and a 30‑day Bitcoin–Nasdaq reading around 0.53 underscore that AI‑linked risk is increasingly steering crypto moves.
- AI data‑center financing surged from roughly $15 billion in 2024 to about $125 billion in 2025, leaning on bonds, private credit and asset‑backed deals that heighten sensitivity to credit repricing.
- The Bank of England, the European Central Bank and the IMF warn that stretched AI valuations and leverage raise the risk of a disorderly correction spreading through credit markets.
- Analysts say an AI‑driven credit squeeze would likely prompt early Bitcoin selling as liquidity contracts, with a potential rebound later if central banks re‑ease financial conditions.