Speculative capital is increasingly flowing out of cryptocurrency markets and into other emerging technologies including artificial intelligence and robotics, according to research company Delphi Digital.
Last year’s underperformance of most altcoin sectors shows that crypto is no longer the “default destination” for speculative capital seeking higher-risk opportunities, wrote Delphi Digital in a Wednesday X post.
“Crypto isn’t just competing with other crypto anymore. It’s competing with every…